Finance News – Fraud
What is your interest today?
Judge targets central figures in LIBRA scandal with asset freeze; Milei’s financial ties under revie...
Authorities have restricted access to funds associated with prominent individuals in the LIBRA digital currency case while conducting an inquiry into possible financial misconduct...
Read Full Article →South Korean Woman Jailed for Stealing $500,000 in Crypto From Sleeping Boyfriend
The case highlights the substantial impact of digital asset theft, where nearly half a million dollars in cryptocurrency was unlawfully taken, emphasizing the challenges in securin...
Read Full Article →Coinbase fires compromised agents in India— Report
The incident involving compromised agents has led to significant financial risks for the company, including potential reimbursement costs estimated up to several hundred million do...
Read Full Article →NFT founder stole millions from Bitcoin project, investors allege
Investors claim that due to alleged financial misconduct by the project’s founder, they suffered significant losses and have yet to receive the expected profits and equity from the...
Read Full Article →Democrats ask Treasury for ‘suspicious activity reports’ on Trump crypto ventures, mention Justin Su...
Democrats have requested detailed financial documents from the Treasury to investigate possible irregularities in Trump-related cryptocurrency projects, highlighting concerns about...
Read Full Article →Caitlyn Jenner memecoin buyers to regroup after judge tosses suit
Despite the dismissal of initial claims, investors continue pursuing legal action, reflecting ongoing disputes over potential financial losses linked to the significant collapse in...
Read Full Article →Caitlyn Jenner Meme Coin Lawsuit Tossed for Lack of US Jurisdiction
A federal judge dismissed the lawsuit alleging crypto-related financial misconduct involving a digital token linked to Caitlyn Jenner, citing jurisdiction issues while allowing for...
Read Full Article →Mashinsky’s 12-year sentence sets tone of enforcement in Trump era
The 12-year prison term for the former Celsius CEO underscores increased judicial focus on crypto fraud, signaling stricter consequences for financial misconduct impacting everyday...
Read Full Article →Former Celsius CEO sentenced to 12 years in prison for crypto related fraud: Inner City Press
The sentencing of Alex Mashinsky highlights the legal and financial risks associated with cryptocurrency platforms, underscoring the importance of regulatory oversight and investor...
Read Full Article →FTC, Nevada sue crypto trading course firm for $1.2 billion fraud targeting young investors
The complaint alleges that IML misled young investors about the profitability of its trading courses, with a majority of participants reportedly either losing money or earning mini...
Read Full Article →Mango Markets exploiter sentenced to over 4 years on child abuse material charges
Avraham Eisenberg received a 52-month prison sentence for child abuse material charges, reflecting the increasing legal consequences facing individuals involved in cybercrimes, inc...
Read Full Article →US lawmaker proposes crypto ATMs in federal buildings
A proposal by a Texas congressman to install cryptocurrency ATMs in federal buildings has financial implications, potentially enhancing access to digital assets while reflecting ev...
Read Full Article →Crypto Losses of $1.7 Billion from Hacks, Fraud Already Surpass 2024 Total: Immunefi
In 2024, the total financial losses in the cryptocurrency sector due to hacks and fraud have reached $1.7 billion, significantly exceeding last year's losses during the same timefr...
Read Full Article →