Fraud

citibank-allows-fraudulent-wire-transfers-to-proceed-after-customers-report-scams,-ask-bank-to-freeze-accounts:-new-york-attorney-general
Posted by | April 13, 2024
Citibank Allows Fraudulent Wire Transfers To Proceed After Customers Report Scams, Ask Bank To Freeze Accounts: New York Attorney General

New York Attorney General Letitia James says one of America’s biggest banks does nothing to stop fraudulent wire transfers even after the bank’s own customers call to report fraud and...

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disgraced-ftx-founder-sam-bankman-fried-files-to-appeal-his-fraud-conviction-and-25-year-prison-sentence
Posted by | April 12, 2024
Disgraced FTX Founder Sam Bankman-Fried Files To Appeal His Fraud Conviction and 25-Year Prison Sentence

FTX founder Sam Bankman-Fried has asked an appellate court to review his case two weeks after a US district judge sentenced him to spend more than two decades behind bars....

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search-engine-giant-google-suing-alleged-crypto-scammers-over-fake-android-apps:-report
Posted by | April 4, 2024
Search Engine Giant Google Suing Alleged Crypto Scammers Over Fake Android Apps: Report

Tech giant Google is reportedly launching a lawsuit against crypto scammers who allegedly employed fake Android apps to reel in their victims. According to a new report from Reuters, Google...

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hong-kong-woman-scammed-out-of-nearly-$1-million-after-sending-money-to-fake-crypto-trading-platform:-report
Posted by | March 25, 2024
Hong Kong Woman Scammed out of Nearly $1 Million After Sending Money To Fake Crypto Trading Platform: Report

A Hong Kong woman has reportedly been scammed to the tune of nearly $1 million after being enticed to send money to a fake crypto trading platform. According to a...

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montenegrin-supreme-court-postpones-terra-founder-do-kwon’s-south-korean-extradition
Posted by | March 22, 2024
Montenegrin Supreme Court Postpones Terra Founder Do Kwon’s South Korean Extradition

The Supreme Court of Montenegro is postponing the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea. According to a new memo, the Supreme Court of Montenegro is...

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sbf-lawyers-call-prosecutor’s-sentence-recommendations-‘disturbing’-in-new-letter-to-judge
Posted by | March 20, 2024
SBF Lawyers Call Prosecutor’s Sentence Recommendations ‘Disturbing’ in New Letter To Judge

The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s...

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prosecutors-recommend-up-to-50-year-prison-sentence-and-$11,000,000,000-money-judgment-for-sam-bankman-fried
Posted by | March 17, 2024
Prosecutors Recommend up to 50-Year Prison Sentence and $11,000,000,000 Money Judgment for Sam Bankman-Fried

Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay a staggering $11 billion money judgment. In a new court...

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brother-of-‘cryptoqueen’-responsible-for-$4,000,000,000-scheme-released-from-us-prison:-report
Posted by | March 11, 2024
Brother of ‘Cryptoqueen’ Responsible for $4,000,000,000 Scheme Released From US Prison: Report

The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the $4 billion OneCoin crypto fraud. Bloomberg reports that Konstantin Ignatov,...

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Posted by | January 30, 2024
When Is a Ponzi a Ponzi?

During last crypto bull market, I got into an argument with a few people I admire — the co-hosts of the “Crypto Critics Corner” podcast Bennet Thompson and Cas Piancey...

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Posted by | January 27, 2024
Estonian Government Clears Extradition Request Of HashFlare Bosses – Details

The Government of Estonia has approved the extradition of Ivan Turogin and Sergei Potapenko,  co-founders of the defunct Bitcoin mining company HashFlare, to the United States to face charges of...

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