Fraud
Crypto Scams Pose More Risk Than Payments Fraud, Report Suggests
Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments, says the Better Business Bureau.
Sweden Calls for Action Over Ukraine Crypto 'Fraud Factory'
Ukraine has been asked to act following a report of an alleged cryptocurrency fraud operation duping naive investors from Sweden's capital.
Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company
Perth glory FC owner Tony Sage reportedly called off the deal after a due diligence trip to London last week.
Alleged Crypto Capital Operator Faces New Wire Fraud Charge
Reginald Fowler, an alleged operator of Crypto Capital, was indicted on wire fraud Friday, adding to four previous charges he already faced.
Gemcoin Founder Agrees to Plead Guilty to Fraud, Tax Evasion for $147M Scheme
Steve Chen agreed to plead guilty to tax evasion and conspiracy to commit wire fraud in connection with the $147 million Gemcoin scheme.
CFTC Sues Alleged Crypto Ponzi Scammer for $500K Theft
The CFTC is charging Breonna Clark and Venture Capital Investments with defrauding investors by pretending to run a commodity pool invested in crypto and foreign currency contracts.
US Authorities Charge Crypto 'Trading Club' Operators With Defrauding 150 Investors
Michael Ackerman and unnamed business partners allegedly defrauded investors of $33M in a crypto-trading scheme targeting doctors.
CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case
Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto trading platform, CabbageTech.
Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges
Venkata S. Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent.
SEC Charges Shopin CEO With Fraud Over Unregistered $42M ICO
The U.S. Securities and Exchange Commission (SEC) has charged Shopin and its founder Eran Eyal with fraud after a $42 million initial coin offering.
