Scams

Grayscale recently filed a lawsuit against the Securities and Exchange Commission, citing “unfair” and “harsh treatment” towards spot ETF. The Securities and Exchange Commission filed its reply brief claiming lack of…

OneCoin founder Karl Sebastian Greenwood has been found guilty of multiple charges, according to a statement from the U.S. Department of Justice on Dec. 16.Greenwood pled guilty to one count of conspiracy to commit wire fraud, one count…

NEW YORK, Dec 16 (Reuters) - A dual citizen of Sweden and the United Kingdom pleaded guilty to U.S. fraud and money laundering charges on Friday for selling a fake cryptocurrency alongside one of the United States' most-wanted fugitives, a…

Dec 16 (Reuters) - FTX founder Sam Bankman-Fried was swiftly indicted after the collapse of his crypto empire, but a trial in New York is likely more than a year away as prosecutors build out their case and both sides spar over evidence.The…

The crypto currency market is rife with fraud, failures to comply with existing laws and big swings in volatility, but the recent implosion of digital currency exchange FTX hasn't hampered the broader financial system, according to a…

Beyond politically connected scammers and frothy valuations, the attractiveness of cryptocurrencies lies in their potential for doing what cash does, but across distances. When governments inflate money, people turn to other stores…

What a party, but nothing lasts forever.So quick has been the dramatic fall of alleged cryptocurrency scam…

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…

Comment on this storyCommentDisgraced former FTX chief executive Sam Bankman-Fried spent the month between the collapse of his cryptocurrency empire and his Monday arrest in the Bahamas trying to convince the public he was a…

FTX founder Sam Bankman-Fried is led away handcuffed by the Royal Bahamas Police Force in Nassau, The Bahamas, on December 13, 2022. (Mario Duncanson / AFP) Subscribe to The Nation Subscribe now for as little as $2 a month!Thank…