Latest News Of fraud Tag

General Motors puts its money behind blockchain startup

Business 13 June 2019

General Motors puts its money behind blockchain startup

General Motors is putting its weight and money behind Spring Labs as the company creates new fraud protection products for the auto financing sector.

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SEC exposes Longfin’s business model of crypto vapor ware

Business 6 June 2019

SEC exposes Longfin’s business model of crypto vapor ware

Longfin is accused of offering a fraudulent public offering, faking transaction volume, and not even being a crypto company.

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Italian regulator suspends crypto investment firm behind liracoin

Business 6 June 2019

Italian regulator suspends crypto investment firm behind liracoin

La Commissione Nazionale per le Società e la Borsa has shut down investment firm Tessline and its corresponding cryptocurrency, liracoin.

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BiteBTC exchange under fire for questionable activities

Business 5 June 2019

BiteBTC exchange under fire for questionable activities

Users of the BiteBTC exchange, which was first introduced last year, are accusing the platform of stealing their funds and running scams.

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Russian authorities nab alleged creator of massive crypto pyramid fraud

Business 30 May 2019

Russian authorities nab alleged creator of massive crypto pyramid fraud

The individual from Kazakhstan was accused of promoting a scheme that stole money from investors by promising undeliverable, low-risk returns from crypto investment.

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HitBTC claps back at claims it is insolvent

Business 27 May 2019

HitBTC claps back at claims it is insolvent

The HitBTC cryptocurrency exchange has had to deal with backlash after it froze accounts over fears of a mass exodus.

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SEC acts against yet another crypto Ponzi scheme in $26M fraud

Business 24 May 2019

SEC acts against yet another crypto Ponzi scheme in $26M fraud

California resident Daniel Pacheco is accused of selling unregistered securities through two companies, IPro Solutions LLC and IPro Network LLC.

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Dutch authorities arrest man over alleged $2.2M crypto mining fraud

Business 22 May 2019

Dutch authorities arrest man over alleged $2.2M crypto mining fraud

Dutch authorities arrested a 33-year-old businessman over allegations of defrauding investors through a crypto mining fraud.

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Goxtrade caught using false photos for staff page

Business 20 May 2019

Goxtrade caught using false photos for staff page

Goxtrade appears to have quite a few warning flags for knowledgeable crypto traders, with fake staff being one of them.

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Nine suspects steal $2.4M of crypto through SIM Hijacking

Business 14 May 2019

Nine suspects steal $2.4M of crypto through SIM Hijacking

Members of a hacking group called “The Community” used a SIM hijacking attack to steal millions, and some are still at large.

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Trading firms blacklist to clean up crypto industry

Business 13 May 2019

Trading firms blacklist to clean up crypto industry

To help mature the industry, some of the biggest investors are proposing to create a backlist of bad actors in the crypto space.

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Michael Terpin awarded $75 million in crypto hack case

Business 13 May 2019

Michael Terpin awarded $75 million in crypto hack case

A court has awarded Michael Terpin $75.8 million as part of a civil judgment from a scheme to defraud him of his cryptocurrency assets.

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