News with the tag "Fraud"

The U.S. state of Montana is considering new digital asset regulations as crypto scams surge, targeting vulnerable residents with fraud schemes and driving a sharp rise in financial losses. Montana Ramps up Fight Against Digital Asset Scams Montana Commissioner of Securities and Insurance James Brow...

Blockchain investigator ZachXBT has alleged that a trader who recently amassed $20 million on HyperLiquid through leveraged trading is likely William Parker. Parker is a convicted fraudster with a history of hacking and gambling-related crimes. In a detailed thread on X, ZachXBT outlined how an on-c...

The cryptocurrency world is no stranger to volatility, but recent news involving market manipulation has sent ripples through the digital asset space. In a stunning turn of events, Aleksei Andriunin, the founder of cryptocurrency market maker Gotbit, has agreed to forfeit a staggering $23 million in...

Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto. Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison ...

Gotbit founder Aleksei Andriunin’s plea agreement would require him to forfeit around $23 million in stablecoins. If approved, he could avoid prison time and additional fines. Andruinin and the U.S. Attorney for the District of Massachusetts have reached a plea agreement that would have him forfeit ...

Is your crypto portfolio keeping you up at night? In the Wild West of digital assets, where fortunes can be made and lost in a blink, the threat of fraud looms large. But there’s a beacon of hope on the horizon for New York crypto investors! The New York State Legislature has just introduced Bill A0...

Singapore’s Minister of State for Home Affairs, Sun Xueling, has strongly warned against crypto investments, citing the growing number of fraud cases linked to digital assets. During a parliamentary debate on the Ministry of Home Affairs’ budget on March 4, she emphasized that cryptocurrency’s anony...

Are you navigating the exciting yet volatile world of cryptocurrency investments? The allure of digital gold and quick riches is undeniable, but amidst the innovation and opportunity, a darker side lurks – the ever-present threat of crypto scams . Singapore, a global financial hub known for its prog...

Disclaimer: The information in this article was translated using artificial intelligence from a foreign source. Have you committed crypto fraud? Now, in addition to fines and jail time, authorities can also subject you to caning—at least, that's what's being reportedly considered in Singapore. Crypt...

A former girlfriend of a cryptocurrency fraudster, known in the industry as “The Godfather,” has admitted to a federal tax charge stemming from her involvement in his illicit activities. Iris Ramaya Au, 35, is accused of failing to report more than $2.6 million in earnings obtained through her forme...