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PortuguêsA San Francisco man is heading to prison after a U.S. court sentenced him for conducting a multi-million-dollar cryptocurrency fraud, according to a Department of Justice (DOJ) press release on…
Continue ReadingFor Jeremy Spence, also known as “Coin Signals,” the news just gets worse. The Commodity Futures Trading Commission has unveiled civil fraud charges against Spence for his investment scheme, which…
Continue ReadingThe crypto industry has boomed over the past 12 months. While 2019 began with a total market cap of $200 billion, the explosion in Bitcoin’s value resulted in this figure…
Continue ReadingRussia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, or…
Continue ReadingThe U.S. Securities and Exchange Commission said it obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC and its affiliated companies in connection with…
Continue ReadingThe U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital…
Continue ReadingThe problem of spreading cybercrime is becoming more acute today, and developed countries with high gross domestic product rates suffer from it to a much greater extent than developing countries.…
Continue ReadingSouth African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam. The…
Continue ReadingA Manhattan court has sentenced the operator of the fraudulent crypto investment firm Centra Tech to a year and a day in prison. Per a December 15 announcement from the…
Continue ReadingA major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report. Fraudulent Bitcoin…
Continue ReadingA South Florida federal district judge sentenced a Washington, D.C., man to six years in federal prison for operating a $25 million diamond investment scheme that included a crypto component.…
Continue ReadingOn Dec. 9, the total market capitalization of cryptocurrencies soared past $535 billion. This is a significant increase from last year, when the cumulative market capitalization of cryptocurrencies was just…
Continue ReadingThe Commodity Futures Trading Commission, or CFTC, is having a banner year in crypto enforcement. Per the commission’s annual review released on Tuesday, fiscal year 2020 featured seven monetary relief…
Continue ReadingPer a Monday announcement, the U.S. Department of Justice and the Southern District of New York have extradited a leader of alleged ponzi scheme AirBit Club from Panama. Gutemberg Dos…
Continue ReadingFraudulent actors currently float around the internet claiming association with crypto trading and wallet company Blockchain.com, as confirmed by the Financial Conduct Authority, or FCA, a United Kingdom-based regulatory entity.…
Continue ReadingThe United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017. On Nov. 16, the SEC released…
Continue ReadingAustralian Liberal Senator Andrew Bragg thinks that blockchain technology can solve a number of major regulatory issues in his home country. According to Bragg, blockchain technology could become a useful…
Continue ReadingThe NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case. According to court documents Oct. 20, Rowland Marcus Andrade and his company…
Continue ReadingThis morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper…
Continue ReadingBelgium’s financial watchdog has reported scammers stole up to $12 million from investor in the country using fraudulent ads. In an Oct. 5 warning from the Financial Services and Markets…
Continue ReadingEvery Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Historians typically date the birth of international policing as…
Continue ReadingOn Friday, the Commodity Futures Trading Commission made a fraudster pay back $7.4 million to investors while vowing to protect the Bitcoin market. Per the CFTC‘s announcement, James McDonald, Director of the…
Continue ReadingThe head of bitcoin escrow company Volantis pleaded guilty in New York on Thursday to one count of commodities fraud for bilking an investor of over $3 million. Jon Barry…
Continue ReadingThe U.S. Department of Justice (DoJ) announced that the principal of crypto asset escrow company Volantis Market Making has pled guilty to commodities fraud worth more than $3.25 million on…
Continue ReadingDistrict police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam. Nishad has been charged under…
Continue ReadingThe drama over alleged fraud involving Bithumb’s senior executives continues as the company’s chairman has reportedly been summoned for interrogation. The Seoul Metropolitan Police Agency is purportedly seeking to question…
Continue ReadingThe team behind Arbistar, a crypto trading bot developer, announced that it would be shutting down a popular trading tool known as Community Bot. According to a press release published…
Continue ReadingEmin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry.…
Continue ReadingOver the years, we have seen a lot of trends such as initial coin offerings, initial exchange offerings, security token offerings, decentralized autonomous organizations and many more, but none of…
Continue ReadingThe U.S. filed criminal charges against Russian national Artem Lifshits for his management of an affiliate of the infamous Internet Research Agency, which U.S. authorities accuse of interfering in the 2016…
Continue ReadingFollowing the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on…
Continue ReadingA major suspect in a high-profile theft case related to Bitcoin (BTC) trading has pleaded guilty in a Singaporean court. Syed Mokhtar Syed Yusope, an accomplice in a $360,000 robbery,…
Continue ReadingA securities regulator in the United States, the Texas State Securities Board (TSSB), has detected another batch of alleged cryptocurrency scams. On Sept. 3, Texas Securities Commissioner Travis J. Iles…
Continue ReadingWith online payments company Wirecard undergoing insolvency proceedings this month, mainstream financial services like VISA, PayPal, and Mastercard are rushing to fill the digital payments void, and be one of…
Continue ReadingThe Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users. The “announcement” about the launch of a fake Bitcoin-related investment system was…
Continue ReadingThree men accused of passing themselves off as pastors to get churchgoers and other investors to put money into what prosecutors say was $28 million ponzi scheme have been indicted…
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