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Nalezeno "Fraud": 2005

Israeli Police Accuse Crypto Businessman Moshe Hogeg of $290 Million Fraud

25.8.2023
Following a two-year long investigation, police have alleged that Israeli tech entrepreneur Moshe Hogeg defrauded investors of $290 million. Hogeg and several of his partners are accused of spending the money they collected from Israeli and foreign investors for crypto ventures to lead...

Binance Warns of Escalating Pig Butchering Scams – What's Going On?

24.8.2023
The number of 'pig butchering scam' cases reported to Binance has increased by 100.5% from 2022 to date, the exchange said. Binance warned that the number of reported pig butchering scam cases doubled over the past year. Scammers are drawn to whatever is gaining popularity: "Wherever there’s...

Sam Bankman-Fried Claims He Relied on Legal Advice in FTX Scandal

24.8.2023
Lawyers for Sam Bankman-Fried claim the FTX founder, who has fallen from grace, based his business decisions on legal advice from company attorneys before the cryptocurrency exchange’s downfall. FTX Founder Bankman-Fried Claims Actions Were Based on Legal Advice, Denies Fraudulent Intent In...

Thailand Threatens Facebook With Shutdown Over Crypto Scams

23.8.2023
The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...

US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders

23.8.2023
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme. SIM Swap Fraud Scheme A United States district...

Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature

22.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...

Sam Bankman-Fried Pleads Not Guilty to Latest Fraud and Conspiracy Charges

22.8.2023
FTX founder Sam Bankman-Fried has entered a not guilty plea in Manhattan federal court in response to a new indictment that alleges charges of fraud and conspiracy. This marks Bankman-Fried's first appearance in court since he was sent to jail following his bail revocation by U.S. District Judge...

FTX's Sam Bankman-Fried pleads not guilty to fraud charges: Report

22.8.2023
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, has reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22

Cryptocurrency Startup Sues Crypto.com Exchange After Falling Victim to Scam

21.8.2023
Cryptocurrency startup Glow Token LLC filed a lawsuit in a US court against the Crypto.com exchange over a recent fraud, alleging negligence and breach of contract. The lawsuit was filed on August 10, assigned to Judge Jose Martinez of the Florida Southern District Court, and last updated...

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns

21.8.2023
Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions

Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week

20.8.2023
FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the currently proposed preparation time and regime...

What is Feedzai, and how is it used to detect financial fraud?

18.8.2023
Feedzai is an advanced, AI-powered risk operations platform that helps detect fraud at an institutional level

Scam Money Is Laundered via Crypto Exchanges — Australian Regulator

17.8.2023
A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are washed on crypto exchange...

Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme

16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme. The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...

How to identity fake cryptocurrency

14.8.2023
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions

Crypto Fraud Scheme Organizers Face Legal Action by CFTC in Florida, Louisiana, and Arkansas

13.8.2023
The Commodity Futures Trading Commission (CFTC) has taken legal action against four individuals and their organization, Fundsz, for their involvement in a fraudulent scheme related to cryptocurrencies and precious metals trading. ... Read More: Crypto Fraud Scheme Organizers Face Legal Action...