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Category financial fraud

MainNewsfinancial fraud
FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices

FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices

A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission’s X account....
Oct, 17, 2024
by Bitcoin News
The Digital Chamber Backs New Bill Tackling Pig Butchering Schemes

The Digital Chamber Backs New Bill Tackling Pig Butchering Schemes

The Digital Chamber has announced its support for a bipartisan bill led by Rep. Zachary Nunn to combat financial fraud, particularly pig butchering...
Sep, 23, 2024
3 min read
by Cryptonews
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accou...
Sep, 15, 2024
by Bitcoin News
FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors

FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors

Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial....
Sep, 14, 2024
by Bitcoin News
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,00...
Sep, 09, 2024
by Bitcoin News