Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist. ...
Tag: fraud
87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls
Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money ...
$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express
A brand new facial reconstruction can’t hide crypto scammer, crypto scam boiler rooms in Malaysia and the Philippines busted: Asia ...
Montenegro arrests executive suspected of $21M crypto fraud
Montenegrin police arrested FutureNet co-founder Roman Ziemian, alleging he was living under a false identity in the country’s capital city. ...
SEC and Ideanomics settle crypto revenue reporting fraud charges
According to the report, all parties involved have agreed to settle the charges without admitting or denying the SEC’s findings ...
Chamath Palihapitiya-Backed Altcoin Collapses After SEC Charges Co-Founder With Fraud
Federal securities regulators are suing the founder of the social media project BitClout, now known as Decentralized Social (DeSo). In ...
California DMV Puts Vehicle Registration System on Avalanche (AVAX) to Prevent Fraud: Report
The Department of Motor Vehicles (DMV) for the most populous state in the US is placing its vast and complex ...
SEC Charges BitClout founder Nader Al-Naji with fraud
The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family ...
Forcount crypto scheme promoters plead guilty to wire fraud conspiracy
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by ...
Popular Scammers Lose $30K to a Fraud
Infamous scam-as-a-service kingpin ‘Pink Drainer’ appears to have found itself on the receiving end of the very type of scheme ...