Insurtech Platform to Apply Blockchain to Auto Claims With New Funding
The firm raised the funds from venture capital firm Amadeus Capital Partners and software firm …
Tag: Fraud
UK Financial Watchdog Blacklists Clones of Two Major Financial Firms
The financial regulator has blacklisted a firm operating under the domain swissinvest.biz. According to the …
Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges
According to a press release Wednesday, the SEC is accusing Longfin, whose share price jumped …
New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website
According to the report, the host for transmitting these viruses is a website that imitates …
Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams
The central bank specifically warns the public about initial coin offering (ICO) scams and crypto-based …
Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says
Citing data from Action Fraud, the Financial Conduct Authority (FCA) announced Tuesday that, although the number …
US Blockchain Investor Terpin Awarded Over $75 Million in SIM Swapping Case
Per the report, the California Superior Court last week ordered Manhattan resident Truglia to pay …
Korean Crypto Scam Fleeced Investors for Over $18.5 Million
The police bureau said that the CEOs formed a “members-only” shopping website and a cryptocurrency …
Alleged CabbageTech Crypto Fraudster Indicted on Nine Counts
United States Attorney for the Eastern District of New York Richard P. Donoghue unsealed a …
CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have
Per the report, Rockcoons first attracted the attention of law enforcement in 2015 with his …
US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud
A United States District Attorney has charged the founders of an international cryptocurrency pyramid scheme …
Financial Regulator Suspends Two Crypto Exchanges in Drug Trafficking Case
The Australian Transaction Reports and Analysis Centre (AUSTRAC) — a government financial intelligence agency that …
South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes
The new task force will be responsible for the investigation — under the SPO’s authority …
Reported Cases of Crypto-Related Money Laundering Increase 10-Fold in 2018
In 2017, just 669 cases were reported over a nine month period through December 2017, …
New York-Based, Entrepreneur Charged With Fraudulent, Cryptocurrency Scheme
The United States Department of Justice (DoJ) has charged a New York-based operator of a …