Fraud – Page 28 – DIGIT INFO

Four arrested after Turkish exchange Vebitcoin closes its doors

The arrested employees, including directors, are suspected of fraud.

UK prosecutor expects crypto scams to increase, but numbers remain low for now

Less than 1% of overall fraud cases relate to cryptocurrency, but that number could be rising in line with Bitcoin and the crypto market’s ascension.

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iPhone user blames Apple for $600K Bitcoin theft via fake app

Apple removed the fake Trezor app several times, but it kept appearing on the App Store days later.

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Why you shouldn’t do business with Bitcoincasino.us and Fortunejack

I’m going to keep this short and sweet. ITS A SCAM I’ve been an affiliate for both these platforms for many years and never had issues with them in the past. Recently I lost access to my accounts and my 2FA because my phone was lost and hacked, I’ve had no luck reaching out to either Bitcoincasino.us or Fortunejack to retreive my earnings. The support has been nonresponsive and unhelpful. What this means for the average consumer is that if you end up winning a large jackpot and try to contact support for your payout, chances are you’re going to

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Texas securities board takes action against hoax ‘Binance’-branded scheme

The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors.

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Vietnam’s finance ministry warns about crypto trading risks

Vietnam’s Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country.

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Update: “Coin Signals” trader also faces charges from the CFTC

Arrested by the FBI earlier today, the 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading.

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How compliance software detects fraud and money laundering involving crypto

As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever.

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Digital ruble could be still vulnerable to fraud, Russian banks warn

The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble.

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US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen

US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S. Securities and Exchange Commission (SEC) has […]

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