Cryptocurrency Analysis and News Portal
Belgium’s Financial Services and Markets Authority (FSMA) has made an additional update to its blacklist of cryptocurrency-related websites associated with fraud.On Oct. 29, Belgium’s financial watchdog updated its list of cryptocurrency trading platforms for which it has detected indications of fraud, by adding nine new suspect sites, bringing the
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Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transfer service.The news came just days after Crypto Capital’s president, Ivan
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In an effort to set the records straight, the controversial crypto exchange Bitfinex released a statement on Friday, attempting to disengage itself from the Crypto Capital money laundering saga.The Hong Kong-based cryptocurrency firm made it crystal clear that it is, in fact, a victim of the money laundering case. This
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Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange.Bitfinex will continue to recover lost fundsFollowing the arrest report on Oct. 24, CryptoX received a response statement from Stuart Hoegner, Bitfinex's general counsel,
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Bitfinex says it was conned. The crypto exchange and sister company of Tether claimed Friday that it was the “victim of a fraud” at the hands of Crypto Capital, a payment processor that allegedly lost $880 million of Bitfinex’s
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The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC)-related fraud.In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of Easton, Pennsylvania, is charged with “knowingly or recklessly making false representations to customers
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Binance, the top crypto exchange by trading volume, has said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds. In a blog post on Thursday, Binance chief compliance
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The U.S. Securities Exchange Commission charged Jonathan Lucas, 27, the CEO of online adult entertainment marketplace, with running a fraudulent initial coin offering (ICO) scheme. According to the SEC’s lawsuit, the company claimed that investors could purchase its token
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Kate Winslet, an A-list Hollywood star, is the recent addition to a long list of popular figures who have experienced frauds committed in their names to promote crypto schemes.Recently, the actress learned that some scammers on the internet were using her images to persuade users to invest in a Bitcoin
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The Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) arrested a 21-year-old Melbourne-based woman for her association in a crypto fraud and identity theft operation run by a group of scammers.If found guilty, she will be charged with a wide range of criminal offenses. The fraudsters
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