Browsing: fraud

Scammers are using cryptocurrency ATMs to steal money from victims in the New Orleans area by using scare tactics and false promises.

Alexander Mashinsky, founder and former CEO of cryptocurrency platform Celsius, sentenced to 12 years for fraud charges related to the collapse of the platform.

Fashion startup CaaStle is being sued by partner P180 and supplier EXP Topco over missed payments and fraud allegations, amid reports of potential bankruptcy and a possible class-action lawsuit.

A new report highlights the Asia-Pacific region’s success in reducing cryptocurrency fraud, driven by increased technology adoption and stricter regulations.

The aquaculture startup eFishery, once hailed as Indonesia’s first tech unicorn, is now mired in scandal following allegations of financial fraud, raising concerns about regulatory oversight and the pursuit of rapid growth in the country’s tech sector.

A look at the rise and fall of the cryptocurrency exchange FTX, detailing the fraud, the legal battles, and the impact on the market.

Two Manchester-based tech companies, Affinity Technology Solutions Limited and RCSR Tech Limited, have been shut down by the Insolvency Service due to allegations of a direct debit scam. Customers reported unauthorized monthly subscription fees for services they didn’t request.

The SEC is broadening its focus with a new unit targeting cyber-related misconduct across emerging technologies.

California financial regulators highlight new types of crypto and AI scams reported in 2024 and issue warnings to consumers.

The California Department of Financial Protection and Innovation (DFPI) has reported a surge in new types of crypto and AI scams, urging caution and vigilance for consumers.