Scams

The crypto exchange FTX has recovered more than $5bn but the extent of customer losses in its collapse is still unknown, an attorney for the bankrupt company founded by Sam Bankman-Fried said on Wednesday.The company, which was valued a…

FTX valued a year ago at $32 blnOver $8 billion in FTX customer funds missingPlan to sell FTX affiliates presented in courtNEW YORK/WILMINGTON, Del., Jan 11 (Reuters) - Crypto exchange FTX has recovered more than $5 billion in liquid assets…

CONROE, Texas – As you look to make money in the new year, you may be curious about cryptocurrency. While it’s becoming more popular, it can be confusing. That’s part of why so many people fall victim to crypto fraud. A Conroe man said he…

The U.S. government has arrested and charged the creator of non-fungible tokens (NFT) “Mutant Ape Planet“for allegedly defrauding crypto-currency investors,” the Department of Justice (DOJ) described, adding that millions of dollars in…

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…