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Tag: Fraud

Cryptocurrency has become a playground for fraudsters

December 6, 2022 wp-bot Cointelegraph

Currency speculation was once the preserve of banking institutions, governments, and investment funds. But with cryptocurrency, it’s being sold to the public as casino entertainment.

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Michael Saylor on the FTX fiasco: ‘Unethical and illegal from the very beginning’

December 6, 2022 wp-bot Cointelegraph

Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire.

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Metallica issues crypto scam alert before the 72 Seasons album launch

December 6, 2022 wp-bot Cointelegraph

Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation.

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Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

December 5, 2022 wp-bot Cointelegraph

Maple’s decision comes after Orthogonal Trading admitted on Dec. 3 that it was unable to meet loan repayments following the collapse of FTX and its

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Despite endless media appearances, SBF unlikely to testify on 13th

December 5, 2022 wp-bot Cointelegraph

One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress.

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Elon Musk alleges SBF donated over $1B to Democrats: “Where did it go?”

December 4, 2022 wp-bot Cointelegraph

SBF made the “highest ROI trade of all time” by donating $40 million to the right people for getting away with stealing over $10 billion,

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Blockchain
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