Google takes down 8 fake digital currency mining apps, but 100+ still online
Trend Micro discovered the eight fake apps in its study and alerted Google to take them down, but it says there are over 100 more still online on Play Store.
Trend Micro discovered the eight fake apps in its study and alerted Google to take them down, but it says there are over 100 more still online on Play Store.
Michael Crypto and Joshua Jeppesen agreed to the judgment without admitting or denying the allegations and will give U.S. securities regulator access to BTC wallets.
Moscow police arrested Kirill Doronin on charges of allegedly defrauding $100 million from his investors, although some reports purport the figure could be over $1 billion.
Justin Cheng, who is charged with defrauding the U.S. government with over $7 million in a well-orchestrated COVID relief scam, has been sentenced to seven years in prison by a federal court.
The three were charged for the scam by the Commodity Futures Trading Commission in September 2020 for duping at least 27 investors for close to $1 million.
The FBI is reported to be teaming up with liquidators managing the assets of Mirror Trading International, acting on behalf of U.S.-based investors who have been left short in the collapse of the exchange.
The SEC announced the charges against Aron Govil of Jacksonville, Florida, who is accused of defrauding investors in his two companies—Telidyne Inc. and Cemtrex Inc.
T-Mobile failed in its duty to protect its users and resulted in the plaintiff’s loss of $55,000 worth of BTC, according to the lawsuit filed in Pennsylvania.
Oz Project claimed to guarantee users that they would get 100% of the principal they put in as well as “2.5 returns on their investment in four months,” according to local media reports.
Africrypt was a digital currency investment company targeting the rich and celebrities, until founders Raees and Ameer Cajee claimed earlier this year to be hacked and lost all the investors’ money.
The regulator charged six promoters in May, and as per a new report, it’s set to settle with four of these, with penalties ranging from $526,000 to $3 million.
The two raised $1.9 million by selling over 600 million native tokens, all while issuing false statements, presenting fake profitability statements and making unattainable promises to the investors, authorities said.