Fraud

As regulatory scrutiny intensifies, crypto industry executives are increasingly finding themselves entangled in legal battles. The recent case involving prominent crypto entrepreneur Sam Bankman-Fried (SBF) has further highlighted the…

An Ethereum insider has made allegations against Ethereum’s founders, claiming that their fraudulent activities far surpass those seen in the notorious FTX fraud case.  Ethereum’s Credibility Under Spotlight Attorney and former Advisor for…

Revolut, the fintech startup recognized for its innovative banking solutions, has announced the doubling of its financial crime team in a daring move aimed at increasing its efforts to combat financial crime. This expansion demonstrates…

A new study reveals startling statistics on the rise of deep fake fraud in the crypto industry. According to a recent Sumsub report, 2023 has been marked by increasing professionalization in fraud tactics, with 77% of crypto companies…

During the ongoing trial of Sam Bankman-Fried, co-founder of the now-defunct FTX crypto exchange, startling revelations have emerged regarding his understanding of cryptocurrency. FTX Co-Founder’s Shocking Testimony  According to live…

Sam Bankman-Fried (SBF), the former billionaire Founder of FTX, took the stand in his ongoing fraud trial. However, his testimony was delivered outside the jury's presence, as the presiding judge sought to determine the admissibility of…

© Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January…

The Swedish financial regulator reported a troubling trend in investment fraud targeting Bitcoin users during the third quarter of 2023. The Financial Supervisory Authority (FSA) said thousands of consumers fall victim to various schemes…

Caroline Ellison, the former CEO of Sam Bankman-Fried (SBF)'s hedge fund, Alameda Research, has testified that the crypto mogul directed a scheme to defraud customers of his cryptocurrency exchange, FTX. Ellison's allegations painted a…

Former Alameda Research CEO Caroline Ellison took the stand on Tuesday to testify to the alleged crypto fraud led by her and her ex-boyfriend, Sam Bankman-Fried. Ellison claimed that Alameda took over $10 billion FTX…