$56M in seized digital currencies will go towards BitConnect fraud victims
The stash was seized from the “number one promoter” of the $2B BitConnect scam and is the largest single recovery of a digital currency fraud scheme ever.
The stash was seized from the “number one promoter” of the $2B BitConnect scam and is the largest single recovery of a digital currency fraud scheme ever.
Beitar Jerusalem football club owner was among those arrested over allegedly defrauding millions of shekels from investors, but he has denied the charges.
Local authorities received a report from a woman who claimed she had been defrauded through a well-orchestrated digital yuan scam.
Sam Bankman-Fried and FTX’s ties to Tether go beyond merely enjoying the increased activity that Tether’s constant printing brings about for exchanges throughout the ecosystem.
ASIC has obtained court orders to shut down A One Multi Services, which it claims engaged in fraud and cashed out some of the funds into digital currencies.
An Australian law firm accuses Qoin of conspiring to frustrate investors who attempted to trade their coin and lying over its acceptance at 35,000 merchant stores.
The Security Service of Ukraine busted the ring which they said laundered tens of millions of dollars for hackers and other criminals via the darknet.
The Philippines Stock Exchange (PSE) isn’t offering any investment products related to blockchain technology or digital currencies, the bourse’s president has stated in a public warning.
A former special agent with the Drug Enforcement Administration, William Callahan and the Blockchain Intelligence Group have thought a lot about what it takes to make the blockchain industry more legitimate and more lawful.
Stefan He Qin was the founder of two hedge funds in New York that claimed to be highly profitable, who was accused of embezzling tens of millions of clients’ funds.
The deputy head of the Hong Kong securities watchdog has proposed more stringent regulations for the digital currency trading sector to prevent huge losses.
In its warning note, the SEC said that investors should understand the full extent of the risks involved and look out for signs that could point to fraudulent schemes.