Fraud

New York Attorney General Letitia James has expanded her legal pursuit against Digital Currency Group (DCG), its CEO Barry Silbert, and Genesis Global Capital. The amended complaint, following the initial lawsuit filed last year, exposes an…

The Founder of the American Bitcoin Academy is facing scrutiny from the Securities and Exchange Commission (SEC) over allegations of fraud targeting his students. etoro: Experience a reliable, user-friendly platform trusted by millions.…

The popular actor and comedian Larry David has expressed remorse over participating in a high-profile 2022 Super Bowl commercial for the now-fallen cryptocurrency exchange FTX. Notably, Sam Bankman Fried, the FTX founder,…

The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment program that…

In the face of a rising tide of scams and exploits, even CertiK, a security firm that specializes in comprehensive security for blockchains, smart contracts, and Web3, is not immune. Scammers are targeting users by…

According to Manhattan federal prosecutors, Mark Scott, a former partner at the U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in a $400 million fraudulent cryptocurrency scheme. The…

Donald Trump took charge of his own defence in a civil fraud trial that threatens to level his business empire, telling a New York judge on Thursday that he had been victimised by a politically motivated case and that he should be paid…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Police have opened an investigation into the UK Post Office, as the state-owned business faces further probes into…

ACE Exchange, one of Taiwan’s largest crypto trading platforms, is reportedly under investigation for alleged fraudulent activities, with local authorities estimating the value of the fraud to be over $32 million. However,…

Bartek Kiepuszewski, the co-founder of L2Beat, a portal for tracking Ethereum layer-2 activities, is concerned about the security and consistency of existing off-chain scaling solutions, suggesting that without fraud-proofs, there…