CFTC Cites $1.7 Billion MLM In Its ‘Largest Fraud Scheme Case Involving Bitcoin’

The Commodity Futures Trading Commission filed a lawsuit today against Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI), charging them with fraud and registratio...

Argentina customs investigating alleged scheme involving mining hardware: Ámbito

Argentina’s customs authority is reportedly investigating an alleged scheme involving a Florida-registered company said to have overvalued 2,223 crypto mining machines imported into the country....

FTX CEO Reveals Hunt For New Acquisitions and Growth Involving Billions

6 hours ago | 2 mins read Exchange News FTX has made $1.56 billion in crypto transactions in the last 24 hours. More than $2 billion has been raised by the FTX crypto exchange and its parent firm. In ...

CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme

Two suspected cryptocurrency fraudsters Sam Ikkurty of Portland, Oregon, and Ravishankar Avadhanam of Illinois have been charged by the United States Commodity Futures Trading Commission (CFTC) for il...

A legal case involving the hack of crypto platform Indexed Finance will be first to challenge the “code is law” defence

DeFi platform Indexed Finance was victim to a complex computer hack in October 2021.  The hack saw the platform lose millions in crypto, and set in motion a civil case and made a fugitive out of the a...

SWIFT is conducting CBDC-related tests for cross-border payments involving crypto

There has been a recent uptick in curiosity over Central Bank Digital Currencies (CBDCs) with nine out of ten of the world’s central banks now investigating CBDCs. These CBDCs encompass economies that...

SEC Proposes Team Expansion to Better Tackle Violations Involving Crypto Products

12 mins ago | 2 mins read Bitcoin News Scams and other forms of crypto misuse have proliferated. SEC is better equipped than ever to pursue securities law violations. Previously known as the “Cyber Un...

European Union Outlaws All Anonymous Crypto Transactions Involving Exchanges

The European Union today voted in favor of outlawing all anonymous crypto transactions – including from self-hosted wallets – facilitated through exchanges. This rule will apply to transactions of any...

Japan Orders Crypto Exchanges Not To Process Transactions Involving Russian Assets

On Monday, Japanese authorities directed cryptocurrency exchanges to refrain from processing transactions involving digital assets that are liable to asset freeze restrictions on Russia and Belarus ov...

Brothers Have Been Arrested In Connection With Such A $124 Million Fraud Allegations Involving A Mining Coin

The Securities and Exchange Commission (SEC) charged John Albert Loar Barksdale and his sister JonAtina (Tina) Barksdale with breaking federal securities laws and cheating at least 12,000 retail inves...

Netflix to air documentary about massive crypto heist involving American couple

TL;DR Breakdown • American couple stole around 120 thousand BTCs from the Bitfinex Exchange in 2016.• Netflix has the permission to document the massive crypto theft. One of the biggest money-launderi...

Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin

Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 Bitcoin (BTC) — worth $72 m...