Elon Musk and his companies Tesla and SpaceX are being sued for $258 billion over an alleged pyramid scheme involving Dogecoin. Elon Musk’s Tesla and SpaceX and Ponzi scheme allegations on Dogecoin E...
Tag: fraudulent
Terra Founder Do Kwon Facing Investigation on Tax Fraudulent
51 seconds ago | 2 mins read Editors News The Do Kwon fraudulent investigation began. Kwon was discovered to have stolen revenue by avoiding 50 billion won ($39 million) in taxes. Do Kwon is being inv...
Richard Branson Targets Tech Firms Hosting Fraudulent Crypto Ads
British tycoon Sir Richard Branson, a known bitcoin advocate, targets tech firms publishing fraudulent crypto schemes using his name. The founder of the Virgin Group, which controls over 400 companies...
Fraudulent LUNA airdrop spotted a day before Luna 2.0 launch
Terraform Labs recently announced that a new Terra chain would be unveiled on May 27. The new chain dubbed Luna 2.0 will be launched alongside an airdrop to eligible LUNA and UST holders. However, sca...
Terra (LUNA) Maybe a Fraudulent Project, Says U.S. Senator
The collapse of crypto Luna and its associated terraUSD stablecoin were really Unexpected. As billions of dollars in crypto wealth have been vaporized by their diving shockwaves throughout the market....
New Zealand Police investigate allegedly fraudulent crypto platform Quwiex
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Auckland City Financial Crime Unit is investigating Quwiex Limited, a self-proclaimed crypto platform, after multiple repo...
Elon Musk Deep Fake Promoting Fraudulent Crypto Trading Platform
With a surging amount of interest being given to the crypto space in recent times, bad players in the industry continue to devise new ways to defraud unsuspecting investors of their funds. According ...
FBI Arrests CEO of NY-Based Crypto Platform for Alleged Fraudulent Scheme
Key Insights: The CEO of a crypto and forex trading platform is charged with a fraudulent scheme. Eddy Alexandre promised 5% weekly returns for its investors. The case is being handled by the Office’s...
SEC v. Ripple: SEC Recruits More Cryptocurrency Police to Bring Enforcement Action Against Fraudulent and Unregistered Digital Currency Offerings
– Advertisement – The U.S. SEC is not prepared to share crypto regulatory oversight with the CFTC amid calls from Ripple enthusiasts as the agency increases the number of digital currency ...
US SEC Dismantles Crypto Securities Fraudulent Offering
The US Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the Un...
Attorney John Deaton Says SEC Investigated Ripple For 30 Months and Could Not Uncover Any Fraudulent Transactions
– Advertisement – Ripple’s Transparency has continued to be one factor that has lured investors to adopt the cryptocurrency. The lawsuit filed against Ripple by the Securities and Exchange...
State lawmakers want to make fraudulent rug pulls a crime in New York
New legislation filed this week in the US state of New York takes aim at so-called rug pulls and other crypto-specific forms of fraud. Senate Bill S8839, according to public records, “[e]stablis...
Class action lawsuit accuses Uniswap Labs, its investors of allowing fraudulent activity on the DEX protocol
A new class-action lawsuit from a Uniswap user alleges that Uniswap Labs and its investors are culpable for her losses due to a failure to comply with securities laws. Nessa Risley of North Carolina i...
AMF Warns French Retail Investors against Fraudulent Share Offers
The Autorité des Marchés Financiers (AMF), the stock market regulator in France, warned retail investors in the country against fraudulent offers to buy listed shares at preferential prices on Monday....
Nevada Man Pleads Guilty in $722 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin News
A Nevada man has admitted his role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency scheme. He also pleaded guilty to tax offenses. Bitclub Network Inves...
Gabe Newell: Half of Bitcoin Transactions on Steam Were Fraudulent
Half of all crypto transactions on PC gaming platform Steam were fraudulent before it removed Bitcoin as a payment option, according to Valve president Gabe Newell. Speaking to PC Gamer, Newell said t...
Steam Co-Founder Says 50% of Bitcoin Payments It Received Were Fraudulent
Steam co-founder and president Gabe Newell revealed that when the platform accepted bitcoin payments, 50% of transactions were fraudulent. This led to Steam dropping support for bitcoin payments. Stea...
Fraudulent Bitconnect founder indicted in $2 million case
BitConnect founder has been indicted by the DoJ and faces 20 years in prison It is the largest cryptocurrency fraud ever to be charged He is further charged with inflating prices of various cryptos ...
Russians Fall Victims to a New Fraudulent Scheme
Feb 23, 2022 at 12:30 // News Russian cryptocurrency scammers have developed a new scheme to trick citizens out of their money. They offer cryptocurrencies as gift options for holidays or birthdays. H...
MTI Liquidators Reject Claim Peddled by Opponents, Insist the Entity ‘Was a Massive Fraudulent Scam’ – Regulation Bitcoin News
Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme would jeopardize investors’ chances of recovering ...
Indians Visited Fraudulent Crypto Websites Almost 10 Million Times in 2021
A recent Chainalysis report reveals that Indians visited websites hosting crypto scams 9.6 million times in 2021. This is actually a drop from 2020 when the figure was 17.8 million. As the crypto mark...
Pakistan FIA Demand Audience With Binance Executive Following Fraudulent Apps
Binance has expressed its willingness to co-operate with the FIA regarding the fraudulent use of crypto wallets, which has affected many citizens’ crypto investments. Following complaints by Pakistani...
Crypto scam: Investor loses over 1.5 million dollars to fraudulent app
TL;DR Breakdown • The crypto Investor trusted an App that a girl recommended him.• Steve Belcher confesses that he lost his retirement funds in the crypto scam Less than a week before the year 2022 – ...