Quantstamp settles with SEC over fraudulent $28 million ICO
Quantstamp promised investors a smart contract auditing platform, but the SEC says it violated securities laws in its 2017 ICO and settled for $3.5 million.
Quantstamp promised investors a smart contract auditing platform, but the SEC says it violated securities laws in its 2017 ICO and settled for $3.5 million.
While the government focuses on taxing digital asset traders, investors lose millions of dollars to digital currency Ponzi schemes executed by foreign fraudsters.
Hex founder Richard Heart faces fraud charges relating to his Hex entities offering unregistered securities and over ill-gotten wealth that the SEC is urging him to forfeit.
SBF was in Manhattan on July 26 trying to convince U.S. District Court Judge Lewis Kaplan not to tighten his bail conditions—a week after he leaked private writings of Caroline Ellison.
The U.S. Department of Justice’s move with the CCIPS and NCET is set to double the number of criminal division attorneys available to work on crimes related to digital currencies.
Approval for the settlements will see court on August 10, paving the way for 30K claims worth $78 billion to be settled; another court date set for October will confirm Celsius' reorganization plans.
Binance may be among the targets of the new crackdown, with NAB saying that half of all scams in Australia are related to digital assets, according to local reports.
It “appears” that Deltec Bank “misrepresented the purpose and use” of its MUFJ accounts, which were opened with MUFJ by Deltec on behalf of unspecified corporate clients.
As the Philippines record an increased interest in digital currency adoption, the country faces the grim reality of dealing with growing threats in cyberspace, particularly in the "crypto" market.
Former Celsius CEO Alex Mashinsky and former CRO Roni Cohen-Pavon face charges of conspiracy, securities fraud, market manipulation, and wire fraud for manipulating the price of CEL.
'Crypto' crime inflows slumped over $5.2 billion this year from the same period in 2022, with authorities crediting it to the reduction in outright scams and the demise of two major criminal groups.
Mastercard stated that combining its AI capabilities and "unique network view of account-to-account payments" will be a game-changer in cracking down on scams.