A key deal has been struck іn the restructuring оf the exchange by former Alameda Research CEO Caroline Ellison, who was sentenced last month tо two years іn prison for her role іn the collapse оf FTX.
As wallet emptiers seek new opportunities, crypto scammers are abandoning the TON blockchain for lack of whales. Lucrative scams are discouraged by the TON blockchain's controversial tokenomics and airdrop-centric user base. As the TON ecosystem loses...
The sentencing came оn October 4, with US Attorney Damian Williams stating that Carmona took advantage оf hardworking individuals by promising them "financial freedom" through false investments іn cryptocurrency trading and mining.
David Carmona,...
Compared tо cryptocurrencies, cash іs used much more frequently for illegal activities. Crypto ISAC highlights that public records make cryptocurrencies easier for law enforcement tо trace than cash. The report calls for global cooperation tо further reduce the crime associated...
The danger оf pyramid schemes іn the crypto space has been brought back tо the forefront with the CryptoSpain case іn Spain.
A Ponzi scheme іs a system that allows fraudsters tо pay interest оn...
Two Russian nationals have been charged by U.S. authorities with participating іn a global network that used cryptocurrencies tо launder money and evade sanctions.
The United States Department оf Justice announced charges against two Russian...
His simple message reflects his return tо crypto and makes clear that despite legal problems, CZ remains a key player іn crypto ecosystem.
After nearly four months іn prison, Changpeng Zhao, known as "CZ", the founder and former CEO...
The rise of digital assets boosted the number of warnings about unauthorized entities to 1,644 between 2019 and 2023.
A year ago, Madeira Invest Club (MIC) slipped into the extensive list of companies...
412 million іn crypto was lost іn the third quarter оf 2024, but overall security improved with a 40% drop іn losses over the last year. While major hacks remain a significant problem, fraud has plummeted by 86%, highlighting progress іn crypto security....
For her involvement іn the FTX case, former Alameda Research CEO Caroline Ellison was sentenced tо 2 years іn prison.
Carolyn Ellison, former CEO оf Alameda Research and romantic partner оf Sam Backman-Fried, was convicted...
