Search Results for "fraud"
Hong Kong Launches Anti-Scam Consumer Protection Charter 3.0
The Hong Kong Monetary Authority unveils the Anti-Scam Consumer Protection Charter 3.0, enhancing collaboration among financial, tech, and telecom sectors to combat fraud.
HKMA Warns Public About Fake Documents Related to e-HKD and Stablecoins
The Hong Kong Monetary Authority alerts the public on fraudulent documents falsely claiming HKMA endorsement and involvement in the e-HKD Pilot Programme and Stablecoins Ordinance.
HKMA Issues Warning on Fraudulent Alipay Financial Services Websites
The Hong Kong Monetary Authority alerts the public about fraudulent websites impersonating Alipay Financial Services, urging caution and immediate reporting.
Tether Aids RCMP in Recovering 460,000 USDT from Fraud Scheme
Tether collaborates with Canadian law enforcement to recover 460,000 USDT linked to an investment fraud. This action underscores Tether's commitment to combating financial crime.
UK Considers Keeping $6.4B Bitcoin Gains From Chinese Fraud
The High Court is considering if to reimburse only the original investment value of £640 million while the seized Bitcoin is now worth nearly $7.24 billion, potentially leaving $6.4 billion in government hands.
SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case
The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.
Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.
Randall Crater, Founder of "My Big Coin" Sentenced
A U.S. Federal Court Judge sentenced Randall Crater to 100 months in prison. Crater defrauded 55 investors with $7.6 million.
Man Sentenced to Prison for Stealing Bitcoin from Silk Road
James Zhong, who stole more than 51,680 Bitcoin from Silk Road in 2012, has been sentenced to one year and one day in prison for wire fraud charges. The Bitcoin was worth roughly $3.4 billion at the time of its seizure in November 2021.
Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam
Two fraudsters, Ross Jay and Michael Freckleton, were sentenced to over six years for a £500,000 scam involving a fictitious cryptocurrency "Telecoin."
Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct
Debt Box is suing the SEC for misrepresentation of evidence in obtaining an asset freeze, citing potential sanctions for misleading arguments.
UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia
The UN Office on Drugs and Crime's latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of evolving online casinos, cyberfraud, and tech-driven underground banking networks.