Four arrested after Turkish exchange Vebitcoin closes its doors
The arrested employees, including directors, are suspected of fraud. Go to Source Powered by WPeMatico
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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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 … Read more
