Latest News Of fraud Tag

Court orders crypto startup to pay $6M for deceiving investor

Business 6 February 2019

Court orders crypto startup to pay $6M for deceiving investor

A court in the Southern District of New York has found a crypto startup and its founders guilty of duping an investor.

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California court indicts two men for SIM swapping to steal crypto

Business 6 February 2019

California court indicts two men for SIM swapping to steal crypto

Two men used fraud and extortion, targeting crypto investors and executives with their scheme.

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Australia freezes John Bigatton’s assets in relation to BitConnect

Business 8 January 2019

Australia freezes John Bigatton’s assets in relation to BitConnect

The Australian Securities and Investment Commission has frozen the assets of John Bigatton, BitConnect’s Australia representative.

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“Money falling from sky” stunt creator running a crypto scam?

Business 8 January 2019

“Money falling from sky” stunt creator running a crypto scam?

A flamboyant businessman, Wong Ching-kit, made money rain from the heavens. He's now being accused of running a fraudulent cryptocurrency investment scheme..

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UK regulator launches fraud probe into 18 crypto companies

Business 2 January 2019

UK regulator launches fraud probe into 18 crypto companies

The Financial Conduct Authority launched the latest round of investigations on Sunday as part of an operation to clean up the crypto sector, with as many as 18 firms under formal investigation.

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US senator arrested on charges of crypto mining rig deception

Tech 2 January 2019

US senator arrested on charges of crypto mining rig deception

Georgia state Senator Michael Williams handed himself over to authorities over allegations he had lied about computer equipment used to mine cryptocurrency from his campaign offices in Gainesville.

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WSJ: Over 15% of crypto projects ‘highly questionable’

Business 28 December 2018

WSJ: Over 15% of crypto projects ‘highly questionable’

Some 16% of all cryptocurrency projects are ‘highly questionable’, presenting obvious red flags for investor security, according to a report published early this week.​

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Belgium expands list of crypto fraud sites in latest warning to investors

Business 21 December 2018

Belgium expands list of crypto fraud sites in latest warning to investors

The Financial Services and Markets Authority (FSMA) has added an additional 14 sites to its list, which now runs to a total of 113.

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Pantera may have to refund shaky ICO investments

Business 19 December 2018

Pantera may have to refund shaky ICO investments

Pantera Capital Management believes 25 percent of blockchain and cryptocurrency projects that it has invested could be found in violation of US securities laws.

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2 crypto investment projects face 90-day suspension in Italy

Business 18 December 2018

2 crypto investment projects face 90-day suspension in Italy

Italian securities regulator Commissione Nazionale per le Società e la Borsa (CONSOB) has suspended two projects that were reportedly offering fraudulent crypto investment schemes in the country.

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Why fiat pundits don’t have a case against crypto

Editorial 18 December 2018

Why fiat pundits don’t have a case against crypto

When fiat pundits try to argue that cryptocurrency has no place in the economic world, they seem to forget the difficulty that currencies have experienced in evolving to where they are today.

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Coinflux services frozen on heels of CEO’s arrest

Business 14 December 2018

Coinflux services frozen on heels of CEO’s arrest

Vlad Nistor, the CEO of Coinflux, was arrested by local law enforcement, and Coinflux has frozen all services.

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