Trump to throw spotlight on overseas crypto abuses at White House event
The president is hosting a cybercrime event that will highlight U.S. authorities’ efforts to crack down on crypto scams run by foreign criminal organizations.
Fraud
Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million
Private-sector partners flagged $11 million in funds that could be frozen, while officials reported cryptocurrency seizures without disclosing their value.
Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme
The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.
U.S. House bill would erect crypto-theft task force across law enforcement agencies
New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
Fraud, Deceptions, And Downright Lies About “crypto Trading Cards” Exposed
Lastly, we would be remiss if we failed to mention the various other yield enhancement structured product strategies that do not explicitly sell options at all. Source: GSR. Note: Short call spreads are a bearish strategy (negative delta), short put spreads are a bullish strategy (positive delta), and short straddles, strangles, and iron condors are short volatility bets that take […]
Binance’s Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case
Smerkis worked for Binance from 2022 for just under two years.
India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect’s founder, Satish Kumbhani, is wanted in both India and the U.S.
Fugitive CEO at the Center of 2024 Crypto Crash found Liable for Fraud
That is fraud,” Meehan said. Kwon, who was arrested in Montenegro in March 2023, did not attend the trial, which began 25 March. The company issued a statement after the verdict: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. Louis Pellegrino, an attorney for Terraform, told the jury on Friday the […]
Do Kwon Criminal Trial Set for 2026 as Lawyers Deal with ‘Massive’ Trove of Evidence
Prosecutors are currently working to unlock four of Kwon’s cell phones provided by Montenegrin authorities.