Search Results for "crypto fraud"
Ex-Celsius CEO Mashinsky Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, ex-CEO of Celsius, files motion to vacate his 12-year sentence, citing ineffective counsel and evidence concerns.
SEC Charges Texas Man for $12.3M Crypto Fraud Using Fake AI Bots
Nathan Fuller allegedly scammed 150 investors with promises of 100% returns via AI crypto trading bots. The SEC seeks penalties and funds recovery.
Sam Bankman-Fried Requests Trump Pardon Amid 25-Year Sentence
Former FTX CEO Sam Bankman-Fried formally requests a presidential pardon from Donald Trump while appealing his 25-year fraud conviction.
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.
UK Regulator FCA Places 50 Crypto Firms Under Investigation
The United Kingdom’s apex market regulator, the Financial Conduct Authority (FCA) is taking a proactive approach to curbing scams and is investigating 50 exchanges
German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme
Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.
CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023
The CFTC's Whistleblower Program in 2023 awarded $16 million to whistleblowers, contributing to over $3 billion in enforcement sanctions. Recognizing their role in combating financial fraud, the program now focuses on environmental fraud through a task force.
Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims
Ernst & Young has filed a report with the Ontario Superior Court of Justice suggesting how the court should distribute the recovered funds.
LUNA Do Kwon's Trial Postponement Request Amid Extradition Delays
Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens.
Former IcomTech CEO Marco Ochoa Sentenced for Wire Fraud Involving Crypto Ponzi Scheme
Marco Ochoa, ex-CEO of IcomTech, has been sentenced to five years in prison for wire fraud in a crypto Ponzi scheme, with a $914,000 forfeiture and two years of supervised release.
Seoul Prosecutors Probe Crypto Fraud at Delio, Haru, Pica, and WeMade
Seoul's prosecutors probe alleged crypto fraud at Delio, Haru Invest, Pica Project, and WeMade. The joint investigation team aims to expedite the processing of these high-profile cases.
Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million
Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.
