Coinbase, FTX, Binance receive inquiries from Congress about crypto fraud
In its first foray into the crypto sector, the House Committee on Oversight and Reform is increasing pressure on federal agencies and crypto exchanges to protect...
Tagged: Fraud and false statements
Crypto scams cost investors millions
An old crypto scheme has a new name – and it’s costing investors millions. So-called “pig slaughtering” is when a fraudster builds up the trust of...
Crypto has had a miserable month and it’s only the third day of August
It’s been a rough month for the crypto sector, and it’s only the third day of August. From cross-chain bridge hacks draining hundreds of millions of...
SEC charges 11 people in alleged $300 million crypto Ponzi scheme
A flag outside the US Securities and Exchange Commission headquarters in Washington, DC, US, Wednesday, February 23, 2022. Al Drago | Bloomberg | Getty Images On...
Crypto lender Celsius is a “scam” and “Ponzi scheme”, the lawsuit claims
Celsius was sued on Thursday by former investment manager Jason Stone, as the pressure continues to increase on the company in the middle of a crash...