Fraud
SEC Slaps Founders, Promoters of Alleged Ponzi Scheme Forsage With Fraud Charges
The regulator said the popular Ethereum dapp was used to swindle investors of over $300 million.
Binance Investigations Officer: AML Cost Exchange ‘Billions in Revenue’
While venting to CoinDesk about unflattering Reuters coverage, the crypto exchange’s investigations team shared insights about the scale of illicit activity at Binance and its crime-fighting methods.
Celsius and BitConnect: Not So Different?
The insolvent crypto lender may not have been as blatantly criminal as the infamous BitConnect pyramid scheme, but the parallels should have drawn more regulatory scrutiny.
'Cryptojacking' in Financial Sector Has Risen 269% This Year, SonicWall Says
Cyberattacks targeting the finance industry are now five times higher than attacks on retail.
Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case
Michael Stollery admitted to carrying out a fraudulent initial coin offering in 2018.
CFTC Charges South African Bitcoin Club Mirror Trading International With $1.7B Fraud
MTI’s self-described CEO was recently detained in Brazil on an Interpol warrant, the regulator said.
FBI Says LinkedIn Is Being Used for Crypto Scams: Report
Most of the scammers have been traced to Southeast Asia. One group of victims said they lost hundreds of thousands of dollars each.
Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says
Crypto is quickly becoming the "payment of choice for many scammers," says the agency.
CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme
Sam Ikkurty and Ravishankar Avadhanam are accused of using YouTube videos to dupe would-be clients into investing in various crypto funds.
US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials
A U.S. appeals court ruled that the Securities and Exchange Commission (SEC) violated a hedge fund manager’s constitutional rights by having an in-house judge try a securities fraud case brought against the individual. CoinDesk’s Nikhilesh De unpacks what this means for crypto.
