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Tag: Fraud

New York AG reaches $2B settlement with Genesis ’for defrauded victims’

May 20, 2024 wp-bot Cointelegraph

The attorney general’s office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program.

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Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity

May 19, 2024 wp-bot Bitcoin News

Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange

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Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges

May 17, 2024 wp-bot Bitcoin News

The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as

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'Crypto King' Aiden Pleterski faces fraud, money laundering charges

May 16, 2024 wp-bot Cointelegraph

Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.

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Taiwan proposes tougher AML measures for crypto service providers

May 9, 2024 wp-bot Cointelegraph

Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.

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Binance denies reports of DWF Labs market manipulation

May 9, 2024 wp-bot Cointelegraph

DWF Labs was first hit by market manipulation accusations in September 2023.

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