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Nalezeno "Fraud": 1895

Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch

11.9.2020
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media...

Alongside today's sanctions, the US charges operators of Russian troll farm with fraud for using U.S. IDs to start crypto accounts

10.9.2020
New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts

6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China

10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...

Singapore man pleads guilty to stealing $360K in fake Bitcoin sale

9.9.2020
The cases of the robber’s two accomplices are still pending

Crypto Firm Bitsonar had Signs of a ‘Deliberate Fraud’, Ex Employee Claims in FBI Report

7.9.2020
Former Bitsonar employee Yaroslav Shtadchenko has filed an FBI complaint accusing the crypto investment firm of operating like a pyramid scheme

‘Bitcoin Pope’ faces up to 10 years in jail for running two crypto scams

7.9.2020
The alleged crypto scam websites are still intact

US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case

7.9.2020
A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam. The man, Joseph Frank Abel, pleaded guilty by video conference before U.S. District Judge Claire...

Industry leaders say blockchain makes payment services more efficient

5.9.2020
Is blockchain the solution in making payments more transparent and secure?

South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex

5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...

Blockchain can combat Australia’s $1.7B food and wine fraud problem

4.9.2020
Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution

Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint

4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...

Ubitquity LLC Announces ClosingBlock Software to Tackle Wire Fraud

3.9.2020
Delaware based enterprise blockchain solution for recordkeeping, Ubitquity LLC, has announced on Thursday the launch of ClosingBlock, a software designed to fight wire frauds. The company stated that the software will go live in the last quarter of 2020, and will help users to make escrowing...

Crypto Exchanges Worried: Police Continue Bithumb Fraud Probe

3.9.2020
Source: Adobe/david_franklin Further details are emerging about the Seoul Metropolitan Police Agency’s all-day raid on Bithumb, South Korea’s leading crypto exchange on suspicions of fraud and embezzlement. A Seoul-based employee at a rival South Korean crypto exchange who asked not to be named...

Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...

Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

3.9.2020
Not even the Colombian president is exempt from being impersonated by Bitcoin scammers

US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer

3.9.2020
Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped...