Scams

Jan 7 (Reuters) - A U.S. Trustee filed an objection on Saturday to plans by bankrupt crypto exchange FTX to sell its digital currency futures and clearinghouse LedgerX, as well as units in Japan and Europe, according to a court filing.FTX…

Since the Scam Banking Fraud fiasco in the crypto world, I have looked a bit more into cryptocurrencies and NFTs. Not much, just to satisfy some curiosity. That curiosity brought me to the YouTube channel Coffezilla (which I recommend). And…

Cryptocurrencies were supposed to offer a new, virtual alternative to the current, mundane “corrupt” system, in which a few dozen bureaucrats in conference rooms around the world — central bankers — manipulate the…

By - Debanjan Chatterjee,2022 has been nothing short of a roller coaster ride as news about synthetic ID fraud, fraud rings, crypto meltdowns, UPI fraud, and money laundering rocked the financial world. As digital continues to be the…

The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate…

This year was a turbulent one for the whole crypto space. From NFTs to DeFi and exchanges, all areas of the industry felt the cold blows of crypto winter. Unfortunately, such an unfavorable climate is the perfect breeding ground for…

Businesses and individuals working in the Web3 industry lost almost $4 billion last year to fraud and cybercrime, a new report has shown.Web3 is the idea behind a possible next version of the internet, built on decentralized solutions,…

NEW YORK, Jan 6 (Reuters) - The U.S. government plans to launch a website for victims of FTX cryptocurrency exchange founder Sam Bankman-Fried's alleged fraud to communicate with law enforcement.In court papers filed on Friday, federal…

FTX founder Sam Bankman-Fried faces eight criminal charges, ranging from fraud to conspiracy to commit money laundering, in connection with the collapse of his once-dominant exchange. Earlier this week, he pleaded not guilty on all charges…

NEW YORK, Jan 6 (Reuters) - New York's attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by concealing the failing health of his…