fraud

FTX’s Sam Bankman-Fried Sued For More Than $1Bn

FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover…

1 year ago

Stability AI Co-Founder Says He Was Tricked Into Selling Stake For $100

Stability AI co-founder alleges company boss convinced him his stake in $1bn firm was 'essentially worthless'

1 year ago

FCA CEO Warns Of AI Disruption To Financial Services Sector

Head of financial regulator warns of threat posed by AI for online fraud and cyber risk, as UK seeks leadership…

1 year ago

Amazon Uses AI To Track Down Fake Reviews

Amazon introduces new AI tools to track down fake reviews, tests generative AI to summarise users' comments

2 years ago

Bail Rescinded For Terra Co-Founder Do Kwon

Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South…

2 years ago

Criminal Website Genesis ‘Still Online’ After Takedown

Hacking website Genesis Market continues to operate on dark web a month after international operation took down mainstream site

2 years ago

Silicon UK Pulse: Your Tech News Update: Episode 2

Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the…

2 years ago

Apple Co-Founder Wozniak Warns Over AI Misuse

AI is likely to be misused by 'bad actors' to spread fraud and misinformation and must be regulated, says Apple…

2 years ago

Truecaller To Offer WhatsApp Caller ID As Scams Surge

Caller ID app Truecaller to offer service on WhatsApp, other messaging services as telemarketers, scammers switch to internet calls

2 years ago

Banks Warn Of Sharp Rise In Online Fraud

Banks warn of surging fake sale listings, impersonation and investment scams with many scams originating on social media

2 years ago

Celebrities Lose Blue Ticks, As Twitter Purges Legacy Verified Accounts

Well known celebrities and public figures lose legacy blue tick verification status, as Ricky Gervais etc mock Elon Musk's move

2 years ago

Sam Bankman-Fried Pleads Not Guilty To Additional Charges

Court appearance for former head of FTX, who pleads not guilty to five additional charges from US federal prosecutors

2 years ago

Crypto Investment ‘Scam’ Defrauds Thousands Of Users

Crypto trading app iEarn Bot appears to be massive scam drawing in thousands of investors in multiple countries, report finds

2 years ago

Former FTX Engineer Pleads Guilty To Fraud Charges

Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud

2 years ago

FTX’s Sam Bankman-Fried Ordered Back To Court, After VPN Use

Federal judge unhappy that FTX's Sam Bankman-Fried used virtual private network (VPN) whilst under house arrest

2 years ago

Court Considers Independent FTX Probe

US bankruptcy court to consider DOJ demand that it appoint independent examiner to probe fraud charges in FTX collapse

2 years ago

US Prosecutors Sieze $700m From FTX’s Bankman-Fried

US prosecutors sieze $700m from FTX founder Sam Bankman-Fried amidst fraud charges, as current chief considers restarting bankrupt platform

2 years ago

Two Bankman-Fried Associates Plead Guilty To Fraud

FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud…

2 years ago

Former Wirecard CEO Dismisses ‘Absurd’ Allegations

Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges

2 years ago

White House Moves Toward Crypto Regulation

US administration issues initial framework for future cryptocurrency regulation balancing risks and opportunities

2 years ago

SEC Charges Founders Of Crypto Group Forsage With Fraud

US SEC complaint says 11 associated with 'smart contract' firm Forsage, including founders, ran fraudulent pyramid and Ponzi scheme for…

2 years ago

FBI Adds ‘Cryptoqueen’ To List Of Ten Most Wanted

FBI adds Ruja Ignatova, former leader of OneCoin cryptocurrency scheme, to list of ten most wanted over running 'one of…

2 years ago

Amazon Takes Legal Action Against Fake Review Brokers

Amazon takes legal action against four firms it says brokered false reviews en masse, as government promises stronger consumer protections

3 years ago

NCSC Warns Of Threats Posed By Malicious Apps

Millions of people install apps to manage smart devices, but UK's NCSC warns of risk posed by fraudulent apps containing…

3 years ago

Israeli Private Eye Pleads Guilty In Wirecard Hacking Case

Israeli private detective pleads guilty to hacking targets on behalf of Wirecard, in first successful prosectution since German fintech's collapse…

3 years ago

Crypto Companies Band Together To Address Fraud Risk

Large crypto companies and trade associations promote 'market integrity pledge' to gain public trust amidst ongoing risk of manipulation and…

3 years ago

Orange CEO Resigns After Court Conviction

Stephane Richard steps down from his CEO and chairman positions of French mobile giant Orange, after his conviction by a…

3 years ago

Tech Giants Defend Record Against Online Scams

Amazon, eBay, Facebook and Google respond to MPs over their role in facilitating online scams, as fraud activity skyrockets during…

3 years ago

O2 Subject Of Bribery Investigation By SFO – Report

Serious Fraud Office is investigating UK mobile operator O2 over “possible violations of anti-bribery laws and regulations”

3 years ago

Turkish Crypto Exchange Boss Flees Country Amidst $2bn Fraud Probe

Chief executive of Turkish cryptocurrency trading platform Thodex flees to Albania as estimated $2bn in investors' assets reportedly lost

4 years ago