Scams

The biggest crypto-related sanctions by the U.S. Office of Foreign Assets Control (OFAC) in 2022 caused a significant dip in the potential revenue of illicit actors, Chainalysis found.The U.S. sanctioned a number of crypto-related…

KARACHI: A judicial magistrate has reissued a non-bailable arrest warrant for television and social media personality Waqar Zaka for his alleged involvement in a Rs86 million cryptocurrency scam.Mr Zaka has been booked by the Federal…

Among other things, the report flagged new concerns for regulators, such as inadequate supervision to guard against manipulative trading, fair pricing practices in fixed-income markets, compliance with short-selling rules,…

Barry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. (Joe Buglewicz/Bloomberg)© 2019 Bloomberg…

The primary way that Bernie Madoff could defraud investors was using a Ponzi scheme, named after businessman Charles Ponzi. While the plan had been used before Ponzi himself used it, the name stuck due to the press coverage its collapse…

New York-based law firm Pomerantz LLP has launched an investigation against Bitcoin mining company Core Scientific over claims that its leadership had been involved in securities fraud and activities that negatively affected its stock…

A fake Pokémon NFT game has been reported to infect users’ computers with malware.  Korean Security Firm AhnLab found hackers exploiting a remote control tool to take control of users’ devices.  The security firm notified the…

The U.S. securities watchdog has charged a former executive of a special purpose acquisition company (SPAC) with fraud after he allegedly stole $5 million, which he invested in digital assets and other securities. In a complaint filed with…

BitQS Review 2023 : Bitcoin was the first cryptocurrency to have gained the attention of the world. It was introduced in 2009 and since its inception, a lot has changed in the digital currency sector. At first, Bitcoin was only known to a…

By Mark Brown January 9, 2023 7:18pm Ontario Provincial Police have pleaded for vigilance after a resident was taken for thousands of dollars in a cryptocurrency scheme. Few…