Fraud

Five US states have reached a settlement with the owner and operators of an alleged $1 billion cryptocurrency investment scheme. The plan, led by Josip Hit and his GSB group, lured investors with promises of tokenized fractional…

UK banks are soon set to get new powers to freeze large payments for up to four days as part of updated fraud prevention measures due to come into force this autumn. The changes come ahead of a new anti-fraud regime coming into…

Malaysian authorities have foiled a major cryptocurrency fraud scheme targeting Japanese citizens. According to local sources ReportsThe Royal Malaysian Police, also known as PDRM, arrested 21 individuals in connection with the fraud…

Mike Lynch, the British technology entrepreneur who was recently acquitted in a massive £8 billion fraud case, has disappeared after his yacht sank off the coast of Sicily. The incident comes just weeks after Lynch's stunning legal…

Supporters "Harris's Cryptocurrency" The political terrain may be difficult to navigate as some sectors have described US elections Campaign as a scam. Critics of US Vice President Kamala Harris say the group lobbying for her that…

A government scheme designed to boost innovation and boost the economy has lost more than £4 billion to fraud and error since 2020, due to widespread breaches. The R&D tax credit scheme, which aims to drive world-leading…

Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Cryptocurrencies have seen a massive rise in adoption over the past few…

The sector’s regulator has revealed that commercial banks have deployed artificial intelligence technologies to spy on their employees in a new effort to combat fraud and theft spread by insiders. Fast-growing artificial intelligence…

(Bloomberg) -- U.S. authorities have charged famed short seller Andrew Left with committing fraud through stock trades, social media posts and research reports -- their biggest move yet in a yearslong campaign against traders who promote…

Tether has reportedly frozen a Tron (TRX) wallet containing over 28 million USDT tokens suspected of being proceeds from criminal activities, including money laundering and fraud. A dedicated real-time monitoring account for Tron and…