Tag: fraud
WazirX Files Police Complaint for $230M Hack, Collaborates with Indian Cyber Crimes Unit
WazirX has taken action after experiencing a significant hack, filing a police complaint and working with the Indian Computer Emergency Response Team. The company is also collaborating with forensic experts and law enforcement agencies...
Class Action Lawsuit Against Tether: Plaintiffs File Slimmed Down Complaint
Plaintiffs in a class action lawsuit against Tether and Bitfinex have filed a new, streamlined complaint in the Southern District of New York. The complaint accuses the companies of manipulating the cryptocurrency markets and...
Sahil Arora Faces Backlash for Fake Iggy Azalea Token Presale
Sahil Arora, a well-known figure in the celebrity crypto coin space, is facing backlash after allegedly raising $380,000 in a presale for a token falsely claimed to be endorsed by Australian rapper Iggy Azalea....
UK High Court Freezes Craig Wright’s Assets – CoinJournal
The UK High Court recently made a significant decision regarding the assets of Craig Wright, the Australian computer scientist who had previously sued Peter McCormack, an entrepreneur and podcast host. Peter McCormack had applied...
Lawsuit: Former Northern Data Executives Sue Tether-Backed Company for Fraud
Joshua Porter and Gulsen Kama, former executives of Tether-backed German tech company Northern Data, have taken legal action against the company, claiming they were wrongfully terminated for raising concerns about financial misconduct and tax...
Watch out for Fake FLOKI Tokens on Solana & Base: Floki Inu Alerts –...
The Floki Inu team recently issued a warning about fake claims regarding FLOKI tokens being available on Solana and Base chains. According to the meme coin project, the native token is only tradable on...
Uncovering the Truth: Is Crypto Really Safe?
Cryptocurrency has long been seen as a risky and volatile investment option, with headlines often focusing on scandals and collapses in the industry. However, the truth is that crypto can actually be safer than...
Gemini Pays $50 Million to New York for Investor Fraud – CoinJournal
Gemini Trust has agreed to pay $50 million to the New York Attorney General Letitia James for defrauding investors in the Gemini Earn program. This money will be used to reimburse more than 230,000...
U.S. Judge Approves $4.5B Settlement between Terraform and SEC.
A settlement agreement involving a $4.5 billion penalty and a ban on trading "crypto asset securities" has been approved by a U.S. District Court judge. The agreement was reached between the Securities and Exchange...
New York Recovers $50 Million from Gemini for Defrauded Investors – CoinJournal Gemini Pays $50...
New York Attorney General Letitia James recently announced that $50 million has been recovered from Gemini Trust. This money was defrauded from Gemini Earn users, and it will now be used to repay more...
