Sam Bankman-Fried Commits to Assisting in the Investigation of FTX-Promoting Celebrities
Imprisoned FTX founder Sam Bankman-Fried has agreed to assist in the FTX civil litigation by coopera…
Scams
Scams
$21,000 Withdrawn from Bank of America Account as Customer Criticizes Banking Sector
A Bank of America customer in California has reported losing a substantial amount of money after hac…
Fraud Charges Result in Conviction of Crypto Trader Responsible for $110,000,000 Mango Markets Exploit
In a groundbreaking verdict, a jury has unanimously declared Avraham Eisenberg, the trader responsib…
IRS Official Foresees Increase in Crypto Cases Due to Rise in Tax Violations, Emphasizes Importance of Public-Private Partnerships
A high-ranking official from the Internal Revenue Service (IRS) has expressed his expectation of an…
New York Attorney General: Citibank Permits Fraudulent Wire Transfers Despite Customer Reports, Fails to Freeze Accounts
New York’s Attorney General, Letitia James, has accused Citibank of failing to prevent fraudulent wi…
Wells Fargo Discloses Data Breach, Attributes Exposed Personal Information of Two Customers to Employee Negligence
Wells Fargo, a major player in the banking industry, has announced that it experienced a breach of s…
US Hacker Receives Three-Year Prison Term for Stealing Over $12,000,000 in Crypto from Two Decentralized Exchanges
A hacker from the United States has been sentenced to three years in prison after being found guilty…
Report: Phishing Scams Detected as Advertisements on Ethereum Block Explorer Etherscan
Phishing attacks are emerging on the Ethereum (ETH) block explorer Etherscan, as reported by cyberse…
Report: Bank of America Account Falls Victim to Devastating Scam, Resulting in $2,000,000 Theft; Lawsuit Claims Alleged Negligence, Breach of Contract, and Violation of Federal Law
Bank of America (BofA) is facing a lawsuit from an elderly woman who claims the bank’s negligence al…
The individual in charge of compliance at the notorious OneCoin cryptocurrency scheme, which amassed a staggering $4 billion, has been handed a four-year prison sentence.
A high-ranking executive involved in the fraudulent cryptocurrency enterprise known as OneCoin has b…