Scam
New Zealand regulator warns against 2 entities allegedly engaged in digital asset fraud
FMA said Bay Exchange provides services not compliant with the financial markets legislation, while Krypto Security is posing as an...
Celsius Network ordered to return $44 million to customers
The $44 million was held in its custodial accounts, which, according to its Terms and Conditions, wasn’t under its ownership...
FTC is probing digital asset firms over misleading ads: report
FTC revealed to Bloomberg it’s going after several companies over their ads, but withheld their names, months after Kim Kardashian...
German linked to $29M Futurenet scam arrested in Greece, to be extradited to South Korea
Stephan Morgenstern co-founded the multi-level marketing scheme that targeted Koreans, Poles and Germans before Greek police arrested him and his...
Australia: Scammers luring digital asset owners with fake paper wallets
The paper wallets show they have up to $10,000 in digital assets, but require the “lucky recipient” to first send...
New figures show UK digital asset fraud jumped 32% in past 12 months
Financial losses relating to digital assets reported to Action Fraud between October 2021 and September 2022 jumped to £226 million...
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