Scams

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…

The U.S. Justice Department has charged nine individuals who ran two crypto Ponzi schemes, engaged in a conspiracy to commit wire fraud, and made false statements. The agency announced the charges on Wednesday, December 14. The founders…

Gemini, the crypto exchange led by the Winklevoss twins, has seen its users targeted by phishing attacks after the emails of 5.7 million users were stolen in a “third-party” data breach. 5.7 Million Gemini Users…

The digital age has created a world where complex relationships in global trades are constantly being tested. Unfortunately, those affected by these failures struggle to maintain trust in their organizations and the blockchain…

Households are being warned not to let scammers ruin their Christmas.Fraudsters will use the distractions of the festive period to strike, HSBC UK warned.The bank has compiled a list of “12 scams of Christmas” for people to watch out…