Cryptocurrency Analysis and News Portal
Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his March 16 response to Greene’s justification for continuing the case.Gregory Greene, the last remaining plaintiff in what was previously a
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Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments.That's the conclusion of a report released last week by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of $3,000 for
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On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017.The judge failed to find concrete evidence of securities violations or negligent misrepresentation as T.I. made no claims regarding
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The Legend of Zelda: Breath of the Wild 2 is one of Nintendo’s most highly-anticipated future games. Someone on Reddit published a “leak” about the next Zelda title. It’s obviously fake… right? Nintendo fans everywhere are rabidly excited for Breath of the Wild 2. Some are so excited that
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Reginald Fowler, an alleged operator behind payment processor Crypto Capital, was charged with wire fraud Friday, on top of existing charges of bank fraud, operation of an unlicensed money transmission business and conspiracy. According to an indictment filed Friday, Fowler allegedly created a scheme to obtain money "by means of
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Steve Chen, the ringleader behind the $100 million-plus Gemcoin fraud of 2013-2015, agreed to plead guilty Wednesday to tax evasion and conspiracy to commit wire fraud.The 62-year-old San Gabriel Valley resident will face a minimum of 10 years in prison, according to the Department of Justice (DOJ).As part of his
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The Commodity Futures Trading Commission (CFTC) has filed charges against a Colorado native and associated investment company on fraud charges. Denver local Breonna Clark, along with Colorado-based Venture Capital Investments Ltd., face civil action from the CFTC for defrauding investors, the agency said in a statement on Feb. 14.
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Natalie Portman wore a gown embroidered with the names of female directors who had been snubbed by the Oscars. Actress Rose McGowan posted a lengthy diatribe on her Facebook account, calling Portman out as a fraud. Neither McGowan or Portman come out of this situation smelling of roses, but McGowan is right. Natalie
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An Ohio man has been charged by the United States Securities and Exchange Commission for allegedly defrauding 150 investors in a cryptocurrency trading scheme.The SEC’s complaint, filed in federal court in New York on Feb. 11, accuses Michael W. Ackerman of raising at least $33 million in violation of
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French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads.The fraudsters promised significant returns for the victims’ investment in what appears to have been a Ponzi scheme.The international network of
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