Fraud
The FTC Doesn’t See the Difference Between Crypto and LuLaRoe
A warning that lumped crypto exchanges with MLMs is misguided. But it’s also an important window into regulators’ mindsets.
Over $200M Lost to Crypto Fraud in the UK This Year
The figure is 30% higher than for the whole of 2020.
Bitqyck Founders Plead Guilty to Tax Evasion
Bruce Bise, 60, and Samuel Mendez, 65, face up to five years in federal prison after evading a combined $1.6 million in taxes.
Crypto Hedge Fund Fraudster Sentenced to 7 1/2 Years for Ponzi Scheme: Report
Australian national Stefan Qin bilked investors in his two hedge funds out of $90 million, according to authorities.
AriseCoin Inventor Sentenced to 5 Years in Prison for Securities Fraud
Jared Rice Sr. pleaded guilty to duping investors out of more than $4 million.
SEC Official Calls Crypto Scams the ‘Flavor of the Year’
Scams involving celebrity endorsements of digital assets are becoming more common.
Ex-Manchester United Player Charged With Crypto Fraud
Retired Brazilian midfielder Anderson is one of eight people alleged to have been involved in a R$35 million ($6.5 million) money laundering operation.
SEC Secures Judgments Against 3 in Bitconnect Scam
One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.
SEC Charges So-Called DeFi Company for Allegedly Fraudulent $30M Offering
This is the SEC's first securities case involving decentralized finance technology.
