Thursday, February 27, 2025
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Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own

The credibility of Craig Wright – the Australian tech entrepreneur who controversially claims to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto – has taken another blow. After a list of bitcoin addresses Wright had provided as being his holdings in an ongoing court case were briefly and “inadvertently” made public by plaintiffs

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Algorand Targets Insurance Fraud With New Partnership

Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry.The firms will combine their tech to develop a single platform for verifying digital media for a multitude of stakeholders across the insurance sector — including insurers, customers, repair

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Belgium Losing $3.2M to Crypto Fraud in 2019 Is ‘Tip of the Iceberg’

Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters.According to a May 8 report by Belgian newspaper De Tijd, Belgium’s economic inspectorate reported 2.94 million euros ($3.2

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Etherscan Launches Fraud Monitoring and Address Blacklisting

Popular Ethereum (ETH) block explorer Etherscan has launched a machine-learning powered surveillance engine to flag ETH and wallets that are associated with illicit activity.Wallets that have originated from illegal sources will now be blacklisted — allowing users to identify when coins they are receiving have a checkered history.Etherscan blacklists

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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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