Fraud – Page 21 – Miami Crypto Coin

Former FTX Director to reportedly plead guilty to fraud charges

Post author:MiamiCrypto
Post published:February 28, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange Fraud ftx Sam Bankman-Fried

Nishad Singh has reportedly agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy…

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

Post author:MiamiCrypto
Post published:February 18, 2023
Post category:Blog Post Brian Armstrong Broad Crackdowns Caitlin Long ceo cftc Coinbase collapse Congress Crackdown crypto industry Cryptocurrency Custodia Do Kwon enforcement actions Fraud ftx FTX collapse Jesse Powell Kraken misconduct offshore overregulation policymakers red flags Regulation regulatory clarity Sam Bankman-Fried SBF SEC securities regulator spaghetti terraform labs Twitter US government White house

Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks…

Former FTX exec will plead guilty to federal charges with a deal: Report

Post author:MiamiCrypto
Post published:February 17, 2023
Post category:Bankruptcy Fraud ftx

Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal.

Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year

Post author:MiamiCrypto
Post published:February 17, 2023
Post category:Chainalysis Crypto pump and dump defi scam Fraud report Tokens

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.

Former Coinbase product manager pleads guilty in insider trading case

Post author:MiamiCrypto
Post published:February 7, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange Fraud Markets Technology

United States prosecutors have labeled this as the first insider trading case in cryptocurrency.

Logan Paul and CryptoZoo sued in class action lawsuit

Post author:MiamiCrypto
Post published:February 3, 2023
Post category:Case class action CryptoZoo filed Fraud Lawsuit Logan Paul rug pull sue

Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”

SBF says Sullivan & Cromwell contradicted itself with insolvency claims

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Exchanges Fraud

The former FTX CEO says the exchange’s new attorneys are not taking into account customer bank balances

FTX fallout: SBF trial could set precedent for the crypto industry

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Crimes Cryptocurrency Exchange Decentralized Exchange Fraud ftx Sam Bankman-Fried

The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set…

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

Post author:MiamiCrypto
Post published:January 14, 2023
Post category:BitConnect Court Crypto crypto pyramid Cryptocurrencies Cryptocurrency DOJ Fraud Investors News Ponzi-scheme Pyramid Pyramid Scheme restitution Scam U.S.US Victims

More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded…

Albright Capital drops lawsuit against Terraform Labs and Do Kwon

Post author:MiamiCrypto
Post published:January 10, 2023
Post category:Crimes Fraud Stablecoin Terra

Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May 2022.