Tag: Fraud
Google Sues 2 Individuals for Alleged Crypto Investment Fraud Using its Play Store
Google users fell for various scam techniques employed by the alleged scammers such as pig butchering, to download fake crypto-based investment apps on Google Play.
Crypto Investment Fraud Spiked 53% in 2023: FBI
The FBI’s Internet Crime Complaint Center (IC3) received over 880,400 complaints in 2023, with potential losses surpassing $12.5 billion.
NYAG Triples Fraud Estimate in DCG Lawsuit to $3 Billion
More institutional investors have come forward claiming damages from Genesis, tripling the NYAG’s initial fraud claim.
Larry David Expresses Regret Over FTX Ad Amid Founder’s Fraud Conviction
A class-action lawsuit accused Larry David, SBF, Tom Brady and Gisele Bundchen of defrauding investors impacted by the FTX collapse.
US DOJ Indicts Three Individuals Involved in $1.89 Billion Crypto Fraud Scheme
HyperFund deceived investors by promising huge returns on investments, and also claimed to run a big crypto mining business which was non-existent.
CertiK Exposes the Underbelly of Fraud Targeting its Brand
CertiK has exposed the deceptive tactics used by fraudsters to exploit its brand.
OneCoin Lawyer Sentenced to 10 Years in $400 Million Cryptocurrency Fraud Scheme
Lawyer Mark Scott sentenced to 10 years in prison for money laundering in OneCoin scam. Ordered to forfeit $392M.
Major Taiwan-Based ACE Exchange Refutes Fraud Allegations
The founder of one of Taiwan’s biggest crypto exchanges, along with 13 other suspects, has been arrested for allegedly defrauding investors.