Scams

South Korea is the 3rd most targeted country for crypto fraud, with 8 hacks and breaches worth $158,000,000. 2022 was the worst year for crypto fraud and breaches, with 120 different incidents occurring during the year. This was…

Jim Chanos, a short seller famous for shorting the Houston energy-trading company Enron, which imploded spectacularly in 2001, often refers to the book “The Seven Signs of Ethical Collapse” when talking about identifying financial…

It should be obvious to pretty much everyone at this point that anything crypto is an old-fashioned grift, a scam, a Ponzi scheme. Those who got in on the ground floor of crypto-currencies and NFTs and the like—and then left…

Dan Kitwood/Getty ImagesBitcoin prices have spiked since October — and the cryptocurrency is now closing in on $10,000, leading the way for digital currencies that have seen huge gains in 2017.The federal government is taking aim at a…

Since the beginning of 2022, the crypto industry has experienced little respite. The Securities and Exchange Commission (SEC) has officially announced that charges will be filed against eight social media influencers in connection with a…

By Lukas I. AlpertThe method by which Sam Bankman-Fried siphoned FTX customer funds into the coffers of his trading firm, Alameda Research, had been baked into the structure of the crypto exchange from the day it opened in 2019,…

Prosecutors say he also carried out money laundering, violated campaign finance laws and committed wire fraudDisgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges Tuesday, accused of committing one of the…

Sam Bankman-Fried has had a dizzying fall from the top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a slew of fraud charges. The 30-year-old founder of the FTX crypto exchange once partnered…

Samuel Bankman-Fried, a Bay Area native and son to two Stanford professors, has been arrested in the Bahamas on various federal fraud charges in connection to his cryptocurrency exchange FTX.Prosecutors in the U.S. District Court…

Cryptocurrency-powered business models are reshaping front- and back-end business operations around the world. They not only provide innovative new answers to questions about exchanging money across borders and transferring large…