Tuesday, April 16, 2024
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Hull City Soccer Team Sponsor Tomya Crypto Exchange Embroiled in Turkey Fraud Scandal

The investigation into Tomya was seemingly triggered by a complaint by an investor, Musa Ekmekçioğlu. He claimed he was defrauded of $211,500 by someone introduced to him by a Tomya employee. Along with Usta, a consultant who worked with Tomya for a short period was also detained, according to CoinDesk

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​​JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary

The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t  stifle its Web3 vision for the region. In a Nov. 2 keynote at Hong Kong Fintech Week, the region’s Secretary for Financial Services and the Treasury Christopher Hui said the saga hasn’t affected the

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CEO admits to manipulating crypto futures in cherry-picking scandal

Former CEO of Systematic Alpha Management LLC Peter Kambolin has pleaded guilty to a “cherry-picking” scheme involving cryptocurrency futures contracts, marking a first-of-its-kind case. In an unprecedented case, Peter Kambolin, ex-CEO of Systematic Alpha Management LLC (SAM), has admitted guilt in a “cherry-picking” scheme involving cryptocurrency futures contracts. This practice, known as

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Hong Kong plans to flag suspicious crypto platforms amid JPEX scandal

The Securities and Futures Commission (SFC) of Hong Kong is intensifying the fight against unregulated cryptocurrency platforms in its region amid the JPEX crypto exchange scandal. In a statement, the regulator notes that it is planning to provide a list of all virtual asset trading platforms (VATPs) that are licensed, considered

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JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

The masterminds behind Hong Kong’s JPEX alleged crypto exchange scandal — referred to by some as the largest financial fraud to ever hit the city — have eluded authorities despite 11 people already being taken in for questioning in relation to the case.According to a Sept. 23 report from the

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South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party.A parliamentary ethics subcommittee of South Korea has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party (DP), the local

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Terra Co-founder Do Kwon Points Finger at Chinese Agency in Fake Passport Scandal 

Kwon’s denial comes as a response to the accusations linking him to the forged travel documentation and alleged financial ties with Milojko Spajić. The Terra founder asserts that these claims are baseless, denying personal involvement. Terraform Labs co-founder and CEO Do Kwon has reportedly denied allegations of passport forgery, shifting the

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