Fraud

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…

By Chris Prentice, Mike Spector, and David Shepardson NEW YORK/WASHINGTON (Reuters) - Boeing Co has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department…

Two men have been sentenced for manipulating the price of Hydrogen Technology's cryptocurrency, HYDRO, and plotting to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a…

India's Enforcement Directorate (ED) has frozen nearly Rs 32 lakh ($3.83 million) worth of cash deposits and other assets linked to the Highrich online group. The group is under investigation for allegedly running a cryptocurrency…

Washington state regulators are investigating Ethfinance, a cryptocurrency trading platform, after a local investor reported a staggering $310,000 loss. This case raises red flags about potential cryptocurrency scams targeting…

Breadcrumb linksBMN BusinessArticle writer:Associated PressMichael LiedtkePosted on June 11, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account.Article contentSAN FRANCISCO…

Justin Sullivan/Getty Images News walgreens (Nasdaq: WBAThe U.S. Department of Justice (DoJ) announced that subsidized urgent care provider CityMD has agreed to pay more than $12 million to resolve allegations that the company falsely…

In a groundbreaking case that attracted significant attention in China, a university student named Yang Qichao was sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for “fraud” in issuing a cryptocurrency…

British businessman Mike Lynch was acquitted Thursday of all 15 fraud charges in connection with the $11.1 billion sale of his company Autonomy to Hewlett-Packard in 2011.The trial, which began in March in San Francisco, follows a long…

In a move that signals a global shift, China and the United Arab Emirates have established a strategic alliance to combat cybercrime involving cryptocurrencies. Joint effort to combat cryptocurrency crimes The partnership comes…