News reports have emerged that solidify arrest rumors surrounding Celsius Network CFO Yarom Shalem in Tel Aviv, allegedly in relation to investor fraud worth tens of millions of U.S. dollars.
Tether has provided a loan to Celsius Network and was the lead investor in a US$30 million funding round in 2020 for the so-called “cryptocurrency bank.”
The SEC and DoJ have both filed charges against Ryan Ginster, whose five startups promised investors huge returns from digital currency trading and arbitrage.
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.
Police in the city of Xuzhou has taken down an alleged ring of scammers associated with Filecoin miner maker IPFSUnion, arresting 31 and seizing USDT, FIL, and ETH.
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.
Squid Game had several red flags and investors could have easily seen through the vague promises of a gaming metaverse, yet quick riches lured them in.
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.
Brazil will raise the penalty for laundering through digital currencies to two-thirds of laundered money and prison sentence to 16 years and eight months.
