Scams

Comment on this storyCommentA year ago, the crypto world was booming, with prices for bitcoin and ethereum at all-time highs, celebrities stumbling over each other to promote expensive digital art, and logos from blockchain companies…

Before his surprise Monday night arrest, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a leaked draft of his aborted House testimony, he wrote that he was truly, for his entire adult…

After the Miami Heat decided to cut ties with FTX, the crypto company is still somehow hampering the team. The latest news update revealed that the now-bankrupt company managed to cause the Heat legend, Udonis Haslem, to lose out on a ton…

Prosecutors have indicted Sam Bankman-Fried for allegedly diverting billions of dollars of customer funds placed in his crypto trading platform, FTX. Bankman-Fried, the purported mastermind of that massive fraud, has been arrested in the…

Anti-Money Laundering (AML) , Blockchain & Cryptocurrency…

Leading crypto bank Silvergate was slammed by a class-action lawsuit from investors who invested in the collapsed FTX. Joewy Gonzalez filed the Dec. 14 lawsuit for himself and others affected by the FTX’s failure. Gonzalez accused…

Sam Bankman-Fried is escorted out of the Magistrate Court building after his arrest in the BahamasNot crypto crimes, just alleged crimes committed with crypto.The arrest of FTX co-founder Sam Bankman-Fried on a variety of fraud charges has…

US Attorney for the Southern District of New York, Damian Williams, announces that Karl Greenwood pleads guilty to the charges against him. Karl Greenwood founded the collapsed cryptocurrency pyramid scheme, OneCoin, alongside Ruja…

At first glance, Sam Bankman-Fried bears little resemblance to Bernie Madoff. One is a smartly-suited, grey-haired financial titan with a 40-year career on Wall Street, and the other a 30-year-old millennial king of crypto in shorts and…

When the Securities and Exchange Commission announced charges against FTX CEO Sam Bankman-Fried this week, it ended a nearly 2-month-long drama. Bankman-Fried’s unethical business setup between his hedge fund Alameda Research and crypto…