Card issuer Crypto.com is refunding 100% of customer balances after the U.K. regulator ordered Wirecard Card solutions to cease operations.
Another scammer is impersonating the CoinDesk website and offering impossible investment returns. We did some digging.
Eran Eyal, who raised $42 million in an allegedly fraudulent initial coin offering, settled charges with the SEC and paid a $450,000 fine in ether.
The U.S. Securities and Exchange Commission moved Friday to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers.
A co-founder of the celebrity-backed Centra Tech crypto scam has pleaded guilty to his role in the $25 million fraudulent ICO.
The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash.
The figure puts 2020 on track to become the second-costliest year in the history of crypto.
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud during the coronavirus pandemic.
The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years.
The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.
The CFTC alleged Florida resident Alan Friedland defrauded investors out of $1.6 million, promising returns through his “Compcoin” token and an algorithmic trading software which never materialized.
The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme.
Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors.
The SEC charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency TeshuaCoin.
The SEC alleges the Meta 1 Coin sale violated antifraud and securities regulation. It also promised some crazy returns.