Fraud
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Crypto
Epoch Times CFO Bill Guan Charged With $67M Fraud Scheme Involving Crypto Platform
“Under Guan’s management, members of the team and others used cryptocurrency to knowingly purchase tens of millions of dollars in…
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Crypto
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
“The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes,” the Treasury said.
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Crypto
Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD –…
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Crypto
Bankrupt Crypto Lender Cred’s Former Executives Indicted on Wire Fraud, Other Charges
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer,…
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Crypto
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
In their rebuttal, prosecutors said that Eisenberg’s legal attempts to get his money were made after his identity as the…
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Crypto
Crypto Trader Eisenberg’s $110M Fraud Trial to Put DeFi Under Microscope
In court on Monday, prosecutors and defense teased upcoming testimony from Mango’s founder, Dafydd Durairaj. He spoke with a ransomware…
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Crypto
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports
Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of…
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Crypto
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May…
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Crypto
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
“The fraud and deceit were so expansive that many additional people have come forward to report similar harm,” James said…
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Crypto
Mango Markets (MNGO) Faces Regulatory ‘Inquiry’ Ahead of Eisenberg Crypto Fraud Trial
The decentralized crypto exchange (DEX) is facing “inquiries” in the United States stemming from that October 2022 heist, according to…
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