fraud

North Korean IT Workers ‘Made Millions’ From US Companies

Group of North Korean IT workers made at least $88m from fraudulently obtained US IT jobs, extortion payments, officials say

6 days ago

FTX’s Caroline Ellison Begins Her Two Year Prison Sentence

Star witness for the US prosecution of FTX founder Sam Bankman-Fried, has begun her two year prison sentence this week

1 month ago

FTX’s Caroline Ellison Sentenced To Two Years In Prison

Caroline Ellison, former girlfriend of Sam Bankman-Fried, sentenced to two years in prison, despite testifying for prosecution in fraud trial

3 months ago

Former Girlfriend of FTX’s Bankman-Fried Seeks To Avoid Prison

Ahead of her sentencing later this month, former cryptocurrency executive Caroline Ellison, asks judge to spare her from prison

3 months ago

Man Arrested After ‘Earning Millions’ From AI Music Tracks

US man allegedly earned more than $10m in royalties streaming hundreds of thousands of fake AI-generated music tracks to bots

3 months ago

Telegram’s Pavel Durov Charged For Allowing Criminal Activity On App

Consequences of no moderation? French authorities charge Pavel Durov over alleged criminal activities on platform

4 months ago

Telegram’s Pavel Durov Remains In Custody Amid Investigation

French authorities extend detention of Pavel Durov as investigation of fraud, organised crime, terrorism on platform continues

4 months ago

SEC Charges IRL Founder With Investor Fraud

US regulator says Abraham Shafi fraudulently raised millions for social media platform IRL while using investor funds for personal expenses

5 months ago

FBI Offers $5 Million Bounty For Fugitive ‘CryptoQueen’ Ruja Ignatova

US authorities place huge bounty on Ruja Ignatova, the former leader of OneCoin cryptocurrency Ponzi scheme

6 months ago

Booking.com Warns Of AI-Fuelled 900 Percent Scam Surge

Travel scams rose up to 900 percent in 18 months as generative AI makes phishing sites harder to detect, Booking.com…

6 months ago

Mike Lynch Cleared In HP Autonomy Fraud Trial

Dr Mike Lynch has been cleared of all fraud charges in the US, over $11 billion sale of Autonomy to…

7 months ago

Prosecutors Say Lynch Behind Autonomy Fraud

Federal prosecutors argue former Autonomy chief Mike Lynch responsible for fraud, as case over disastrous HP acquisition nears end

7 months ago

Terra Labs, Do Kwon Settle SEC Fraud Case

Tentative settlement reportedly reached between the US SEC and Singapore's Terraform Labs and founder Do Kwon

7 months ago

Former FTX Executive Ryan Salame Sentenced To Seven Years

Former Bankman-Fried top lieutenant Ryan Salame given longer sentence than prosecutors had asked for over role in FTX collapse

7 months ago

Mike Lynch Defends Himself At HP-Autonomy Trial In US

British founder of Autonomy defends himself in San Francisco federal courthouse against criminal fraud charges

7 months ago

US SEC Seeks $5.3 Billion Fine From Terra’s Do Kwon

Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon in civil…

8 months ago

Sam Bankman-Fried Appeals FTX Fraud Sentence Of 25 Years

Disgraced crypto billionaire and former FTX CEO Sam Bankman-Fried appeals 25 prison sentence for masterminding huge fraud

8 months ago

Google Sues Alleged Crypto Scammers

Google sues two alleged scammers who uploaded 87 different fraudulent apps to Play Store to support romance fraud

9 months ago

FTX’s Sam Bankman-Fried Sentenced To 25 Years In Prison For $8bn Fraud

Dramatic downfall. Sam Bankman-Fried sentenced to 25 years in prison for masterminding $8bn fraud that brought down FTX

9 months ago

Binance Executive Evades Nigerian Custody

One of two Binance executives arrested in Nigeria in February evades custody as government files formal tax-evasion charges against crypto…

9 months ago

Bankman-Fried Deserves Up To 50 Years In Jail, Prosecutors Say

Ahead of sentencing prosecutors argue ex-FTX boss Sam Bankman Fried deserves up to 50 years in jail, while his lawyers…

9 months ago

UK Police Holding Bitcoin Worth £1.4 Billion – Report

One of the world’s largest asset seizures saw British police in 2018 seize four devices containing more than 61,000 bitcoin

11 months ago

Crypto Firm Terraform Labs Files For Bankrupcy In US

Terraform Labs, company behind failed Luna and TerraUSD crypto tokens, files for bankruptcy as it faces legal charges in US…

11 months ago

Apple Settles Lawsuit Concerning iTunes Gift Card Scam

Agreement reached with Apple to settle a lawsuit that alleged it knowingly let scammers exploit iTunes gift cards, and kept…

12 months ago

UK Government, Tech Giants Agree To Tackle Online Fraud

Series of pledges from big name tech firms in agreement with UK government to protect people from online fraud

1 year ago

Terra Co-Founder Do Kwon To Be Extradited

Court in Montenegro approves extradition of 'cryptocurrency king' Do Kwon, but to which country? South Korea or United States?

1 year ago

Sam Bankman-Fried Found Guilty On All Charges

Former crypto billionaire Sam Bankman-Fried found guilty of all charges for his role in the collapse of FTX and Alameda…

1 year ago

Bankman-Fried Says He Acted On Legal Advice

FTX founder and former CEO Sam Bankman-Fried testifies lawyers were involved in his key decisions at bankrupt exchange

1 year ago

Caroline Ellison Testifies Against FTX’s Sam Bankman-Fried

US star witness Caroline Ellison testifies she and former boss and boyfriend Sam Bankman-Fried defrauded customers, investors, lenders

1 year ago