Browsing Tag
#Fraud
75 posts
FTX’s former law firm hit with lawsuit alleging it set up shadowy entities
FTX’s former primary counsel Fenwick & West LLP has been hit with a class-action suit claiming it aided…
Ensuring integrity of blockchain transactions: Trust through audits
Blockchain auditing is the process of examining and verifying the data and transactions stored within a blockchain network.…
Mastercard AI-powered tool to help banks fight fraud
Mastercard has launched a new artificial intelligence (AI)-power tool which is aimed at helping banks fight payment fraud…
CFTC issues $54M default judgment against trader in crypto fraud scheme
On June 28th, the Commodity Futures Trading Commission (CFTC) announced that Judge Naomi Reice Buchwald of the U.S.…
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according…
SBF seeks to sever new charges from trial, says proceedings may take ‘years’
Attorneys for former FTX CEO Sam Bankman-Fried (also known as “SBF”) are seeking to sever or dismiss six charges…
Gate.io denies liquidity problems after Multichain CEO goes missing
Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with…
FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy
FTX lawyers are suing former CEO Sam Bankman-Fried, co-founder Zixiao Wang, and former senior executive Nishad Singh over…
Former CFO indicted for diverting $35M to cryptocurrency venture
Nevin Shetty, a former chief financial officer (CFO) at a Seattle startup, was indicted on May 17 in the United…
Can you recover stolen Bitcoin from crypto scams?
The process of recovering stolen Bitcoin (BTC) from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies…