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Nalezeno "Fraud": 2597

FBI issues warning about scammers impersonating crypto exchanges

2.8.2024
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam

Wisconsin unveils tracker to fight crypto fraud and investment scams

31.7.2024
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints

China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects

31.7.2024
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago

CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times

31.7.2024
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage...

SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud

30.7.2024
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used...

SEC Charges BitClout founder Nader Al-Naji with fraud

30.7.2024
The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family members

BitClout Founder Charged With Wire Fraud, Civil Securities Charge

30.7.2024
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities

Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud

30.7.2024
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The...

Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders

30.7.2024
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000 counterfeit banknotes. According to Hong Kong laws...

Citron founder pleads not guilty to fraud over short seller calls

30.7.2024
Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government

Bill targeting illicit use of crypto passes US House: Law Decoded

29.7.2024
Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice

Citron crypto-skeptic Andrew Left to face fraud charges

29.7.2024
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges

HK police arrest four, including teen, in HK$11M crypto fraud

28.7.2024
The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling victim to such elaborate scams

El Paso Man Fined $31M for Forex and Crypto Fraud

28.7.2024
A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an $18.8 million civil penalty. Tinoco and his firm...

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

26.7.2024
Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between...

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

26.7.2024
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited...