Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page report into the history of the Celsius fraud.
South Korean authorities say Kang Jong-Hyun was involved in stock price manipulation in Bithumb's affiliate companies like Vident, Bucket Studio, and Inbiogen using convertible bonds.
The hackers took over the account for a short time to promote RBH, a scam token on the Binance BNB Chain, and made over $7,000 before the account was recovered.
Brankas, a global open fintech provider, and Element Inc, a privacy-led AI pioneer, announced a strategic partnership to introduce an additional layer of security to detect potential fraud.
Signature’s decision to pull back from the digital asset space chaos won’t stop Binance from finding another bedfellow—the question is which disreputable company is next up to the plate.
In its fight to secure a formal ETP status, Grayscale argues that the U.S. securities regulator’s treatment of its proposed product is inconsistent and borders on discrimination.
The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying earlier Bitconnect investors with money from later investors."
In a classic rug pull, Aurelien Michel allegedly absconded with the funds and abandoned the Mutant Ape Planet project, leaving thousands of investors with worthless digital collectibles.
SEC claims that Cooper J. Morgenthau stole over $5 million from African Gold Acquisition Corp., which he used to purchase digital assets and other securities.
IPEF has expressed concern over the rising incidents of digital asset fraud in India and the ignorance of residents investing in the asset class.
The suspects are charges related to fraud operated a sham virtual currency project and siphoned $45 million from investors, which they allegedly used to purchase luxury real estate and vehicles.
Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring that their digital assets would be "as safe as money in a bank."
