Fraud

Hong Kong’s Securities and Futures Commission (SFC) has taken decisive action against what it suspects to be a fraudulent crypto asset trading platform. The SFC flagged the company at the center of these allegations, Hounax,…

The announcement of KPMG Canada’s partnership with Chainalysis coincides with broader industry efforts to tackle fraud associated with crypto. The KPMG Canada has announced a strategic partnership with blockchain analytics firm…

The government says Binance has agreed to look back and report to FinCEN about the suspicious transactions which it had failed to report. Cryptocurrency exchange Binance “willfully failed” to report to regulators more than 100,000…

Mastercard’s partnership with Feedzai aims to address concerns around crypto fraud and money laundering by leveraging artificial intelligence to differentiate between legitimate and fraudulent transactions. Mastercard Inc (NYSE: MA) is…

BeyondImages/iStock via Getty Images Rio Tinto (NYSE:RIO) agreed to pay a $28M fine to settle an SEC lawsuit that accused it of fraud in handling a failed investment in a Mozambique coal project, ending a civil lawsuit filed six years…

Ukraine has taken notable strides to equip its officials with skills for investigating financial crimes involving crypto. According to a report, 14 Ukrainian officials recently underwent an advanced training program in Vienna,…

Former FTX executives, including a witness against Sam Bankman-Fried, have launched a new crypto platform called Backpack that pledges transparency. According to the Wall Street Journal report, Can Sun, the former general counsel for FTX…

Steven Nerayoff, one of the earliest advisors for Ethereum, has had various debates and discussions concerning Ethereum in the past few weeks. The former lawyer for the crypto firm has never wavered from his position that Vitalik…

Banks have been accused by a senior MP of “dragging their feet” when it comes to refunding victims of fraud. Harriett Baldwin’s comments come as newly published figures name, for the first time, individual banks to show how much money…

The former co-CEOs of Bitwise Industries Inc., a private technology services startup based in Fresno, California, have been charged by the Securities and Exchange Commission (SEC) for falsifying financial documents while raising…