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Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case

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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Rapper Dismissed of Securities Fraud Charges for FLiK ICO

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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CFTC Charges Colorado Resident With Fraud in Crypto Ponzi Scheme

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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Investigators Bust €6 Million Bitcoin and Gold Fraud Scheme

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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