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Nalezeno "AI fraud": 2005

Bitget boosts security with Sumsub’s deepfake AI detection

5.6.2024
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards

First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud

5.6.2024
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine...

Ukrainian Police Bust International Crypto Fraud Ring, 14 Arrested

5.6.2024
Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine detained 14 suspects, including the alleged organizers...

US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme

4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...

Celebrity memecoin promoter Sahil Arora banned by X

4.6.2024
Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships

Epoch Times CFO Charged With $67M Fraud Scheme Involving Crypto Platform

4.6.2024
The crime proceeds were generally purchased by the scheme participants at discounted rates of up to 80 cents per dollar in exchange for an unspecified cryptocurrency

Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

4.6.2024
The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset...

Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams

3.6.2024
Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given...

MicroStrategy and Michael Saylor settle tax case for $40M

3.6.2024
In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia

Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme

2.6.2024
Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from cryptocurrency...

SEC Issues Investor Alert Highlighting 5 Common Crypto Scams

1.6.2024
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult....

Estonian Nationals Extradited to US for $575M Crypto Fraud

1.6.2024
Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating...

US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams

31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...

Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison

31.5.2024
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure...

Former banker sentenced to 41 months for crypto fraud

30.5.2024
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards

Crypto losses from fraud and hacks declined 12% in May — Immunefi

30.5.2024
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year

Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC

30.5.2024
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...