California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked…
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financial fraud
15 posts
Hong Kong court rules for investors in JPEX cryptocurrency fraud case
This was the first case against JPEX, which operated in Hong Kong without a license. Czytaj więcej We…
FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices
A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the…
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related…
FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly…
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints,…
SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase…
HK police arrest 4, including teen, in HK$11M crypto fraud
The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to…
Former banker sentenced to 41 months for crypto fraud
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards. Czytaj więcej…
AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report
A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence…