Tag: fraud

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Prosecutors Charge Two Crypto ‘Market Makers’, Employees With Market Manipulation, Fraud

Prosecutors Charge Two Crypto ‘Market Makers’, Employees With Market Manipulation, Fraud

Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecuto [...]
UN Agency Recommends Criminalization of Unlicensed VASPs in Southeast Asia to Counter Cyber Fraud

UN Agency Recommends Criminalization of Unlicensed VASPs in Southeast Asia to Counter Cyber Fraud

Some service providers are facilitating transactions for fraud outfits and high-risk gambling sites, the report said. www.coindesk.com [...]
TrustToken (now Archblock), TrueCoin Settle With U.S. SEC Over Fraud Accusations in Stablecoin

TrustToken (now Archblock), TrueCoin Settle With U.S. SEC Over Fraud Accusations in Stablecoin

“TrueCoin and TrustToken sought profits for themselves by exposing investors to substantial, undisclosed risks through misrepresentations about the sa [...]
FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure

FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure

Auditing standards require at a minimum that auditors understand the entity and its environment, that it has the competency and independence to perfor [...]
William Koo Ichioka ordered to pay $36 million for Forex and Crypto fraud – Forex Factory

William Koo Ichioka ordered to pay $36 million for Forex and Crypto fraud – Forex Factory

William Koo Ichioka ordered to pay $36 million for Forex and Crypto fraud  Forex Factory news.google.com [...]
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud – Bitcoin.com News

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud – Bitcoin.com News

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud  Bitcoin.com News news.google.com [...]
Forex Fraud Evidence Against Pair Yields Money Judgment for CFTC – Bloomberg Law

Forex Fraud Evidence Against Pair Yields Money Judgment for CFTC – Bloomberg Law

Forex Fraud Evidence Against Pair Yields Money Judgment for CFTC  Bloomberg Law news.google.com [...]
Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial

Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial

Several of Bankman-Fried’s closest friends and colleagues – including his ex-girlfriend Caroline Ellison, Nishad Singh, Gary Wang, and Ryan Salame – t [...]
Crypto ATMs Dominate Cash-to-Crypto Transactions, Become a Law-Enforcement Concern: TRM Labs

Crypto ATMs Dominate Cash-to-Crypto Transactions, Become a Law-Enforcement Concern: TRM Labs

The report, released Wednesday, highlights why law enforcement authorities worldwide have concerns about the growing use of crypto ATMs, which take fi [...]
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a [...]
Former director of Growth Plus Financial found guilty of fraud

Former director of Growth Plus Financial found guilty of fraud

On Friday 23 August 2024, Ben Jayaweera, a former financial advisor and director of Growth Plus Financial Gr [...]
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports

OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports

The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022. www.coindesk.com [...]
Democrats Use the Convention to Try to Define Trump as a Self-Interested Fraud

Democrats Use the Convention to Try to Define Trump as a Self-Interested Fraud

Speeches and videos seek to shrink Donald Trump in order to rise above him, as Kamala Harris and her allies work to minimize him and disengage from hi [...]
Australian Securities Regulator ASIC Nabbed More Than 600 Crypto Investment Scams in a Year

Australian Securities Regulator ASIC Nabbed More Than 600 Crypto Investment Scams in a Year

Crypto scams can take a number of formats, including those that take customers' money on the pretense of investing in cryptocurrencies without doing s [...]
Man suspected of duping 500 people in $10m forex fraud to be arraigned – New Times Publication

Man suspected of duping 500 people in $10m forex fraud to be arraigned – New Times Publication

Man suspected of duping 500 people in $10m forex fraud to be arraigned  New Times Publication news.google.com [...]
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