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Binance Security Report Sheds Light On Crypto Scams
2.7.2020
A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility
Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court
1.7.2020
The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries
Investors Defrauded by South Korean Pyramid Scheme
30.6.2020
An alleged crypto pyramid scheme stole hundreds of millions of dollars from investors
Bitcoin Scam Exposes Thousands to Data Breach
30.6.2020
Thousands have their personal data leaked by a crypto-based phishing scam
Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty
30.6.2020
Sergey Medvedev pleaded guilty to racketeering charges as part of a $568 million payment card fraud forum, which used Liberty Reserve and bitcoin to launder funds
Shareholders File Criminal Complaint Against EY for Alleged Role in Wirecard Scandal
29.6.2020
Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company
‘Casino Jack’ Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to Prison
27.6.2020
Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison. Jack Abramoff...
Crypto Cards Still Working as UK Regulator Suspends Wirecard Subsidiary
26.6.2020
Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds
SEC Charges Lobbying Kingpin Jack Abramoff With Fraud For Promotion of 2018 ICO
25.6.2020
Abramoff and the founder of AML Bitcoin face charges for fraud in misrepresenting the token’s compliance, with the founder himself facing jail time for money laundering
SEC Suit Over $30m Crypto Scam Halted Due to Criminal Proceedings
25.6.2020
An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings
How to Spot a Crypto Scam
24.6.2020
Another scammer is impersonating the CoinDesk website and offering impossible investment returns. We did some digging
Plus Token Money Launderers Stopped Short by Congestion
24.6.2020
One of the largest ponzi schemes in crypto history is still trying to launder its proceeds, but Ethereum congestion is making that difficult
Alleged Shopin ICO Fraudster Pays $450K Fine in Ether
23.6.2020
Eran Eyal, who raised $42 million in an allegedly fraudulent initial coin offering, settled charges with the SEC and paid a $450,000 fine in Ether
Resigned Wirecard CEO Detained by Police as $2.1B Fraud Threatens Company
23.6.2020
The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors
PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
22.6.2020
We only need to look to recent history for what this transaction means
Australians Lost More Than $14M to Crypto Scams in 2019
22.6.2020
A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia
SEC Claims Brothers Lied About Digital Asset Fund Performance, Used Profits for Personal Use
19.6.2020
The U.S. Securities and Exchange Commission (SEC) moved on Friday to halt an allegedly-fraudulent digital asset investment fund run by two Pennsylvania brothers
SEC Halts Crypto Scam, Alleging Two Brothers Stole Millions From Investors
19.6.2020
The U.S. SEC freezes assets of several alleged crypto scams run by Hvizdzaks brothers
Blockchain Security: Preventing Fraud on Distributed Ledger Technology
19.6.2020
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself
How Bitcoin of America’s Robust Compliance Program Made Possible the Restitution of Half a Million Dollars to Fraud Victims
19.6.2020
Robust and effective compliance programs for virtual asset exchanges such as Bitcoin of America, which owns and operates a crypto exchange platform as well as a nationwide network of bitcoin ATM locations, isn’t simply a matter of operating a system for CIP, KYC, and AML procedures....