Fraud news articles
Money Laundering or a Costly Mistake? Trader Loses Over $700K in Suspected Sandwich Attack
This is one of those stories in crypto where it may have been extremely bad luck and the victim is having a terrible day, or something very ...
Bro of Breakdancer ‘Raygun’ Charged Over $180K Crypto Fraud
The brother of Olympic breakdancer and national embarrassment, Rachel ‘Raygun’ Gunn, has been in court recently for some ‘sick moves...
Chainalysis Crypto Crime Report: Role of Crypto in “All Forms of Crime” Increasing
The Cryptocurrency sector is moving into the mainstream, thanks not only to a pro-crypto president. Donald Trump, who courted the sector for...
SEC Crypto Task Force Forms Cyber and Emerging Technologies Unit (CETU) to Combat Fraud
The US Securities and Exchange Commission (SEC) has announced the establishment of a new division, called the Cyber and Emerging Technologie...
Elon Musk’s DOGE Takes Aim at US SEC Over Accusations of ‘Waste, Fraud, Abuse’
The Department of Government Efficiency (DOGE) has its sights squarely on the Securities and Exchange Commission (SEC). The Musk-led body in...
CFTC to Refocus on Fraud, Major Shift Away From ‘Regulation by Enforcement’
The era of regulation through enforcement is crumbling before our very eyes! Caroline D. Pham, the newly appointed acting chair of the...
Bitcoin Investor Sentenced for Tax Fraud Ordered to Disclose Passcodes for $124 Million in Digital Assets
Frank Richard Ahlgren III has made history by becoming the first US citizen convicted of tax crimes tied to… cryptocurrency sales. A...
Celsius Founder Alex Mashinsky Agrees to Plead Guilty in Crypto Fraud Case
Nearly three years on, the dust from crypto’s horror run in 2022 is starting to settle. Most will remember November 2022 – when FTX coll...
ASIC Slaps Former CEO of Crypto Exchange Mine Digital with Fraud Charges
The hammer has come down on ex-Aussie exchange Mine Digital after the platform allegedly stole over AU $2m from an unsuspecting customer. Af...
FBI: Crypto Fraud Cases Increase by 45%, Reaching $5.6 Billion
Crypto investors lost a record US$5.6 billion (AU$8.4 bn) to cyber crimes and Ponzi schemes in 2023 —marking a 45% increase from 2022, acc...
ASIC Clamps Down on 615 Crypto Scam Websites as Fraudulent Activities Surge to $1.3 Billion
The Australian Securities and Investment Commission (ASIC) has made investment scams a priority for its task force for the past 12 months ...
‘Bitcoin Jesus’ Roger Ver Arrested in Spain for Mail Fraud and Tax Evasion
Ver in the world was Bitcoin Cash supporter Roger Ver? Turns out, the man also known as Bitcoin Jesus was laying low in Spain, where author...