AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor Michael Terpin is suing AT&T, claiming the company’s failure to protect his cell phone data lead to hackers stealing $24 million in cryptocurrencies.… Read More
SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called “fraudulent.” … Read More
BitFunder Operator ‘Close to’ Plea Bargain in SEC Fraud Case The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC. … Read More
US Judge Delays Crypto Fraud Ruling Pending CFTC Response A judge in New York has postponed a decision on a crypto fraud lawsuit until the CFTC can explain how it calculated damages. … Read More
Federal Judge Wavers As CFTC Seeks Injunction in Crypto Fraud Case The CFTC is wrapping up its case against accused fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple. … Read More
Trump Task Force to Aid Crypto Crime Investigations President Trump has signed an executive order establishing a new task force that targets consumer fraud, including those involving “digital currency.”… Read More
Industrial Giant GE Eyes Blockchain in Fight Against 3D-Printing Fakes General Electric wants to use a blockchain to verify 3D-printed parts in its supply chain, according to a recently published patent filing. … Read More
Ukraine Arrests Suspects Tied to Fraudulent Crypto Exchanges Ukrainian authorities have arrested four individuals suspected of operating fake cryptocurrency exchanges.… Read More
Belgian Government Launches Site to Warn Crypto Investors About Scams A new website launched by Belgian government agencies outlines different ways to avoid crypto fraud. … Read More
Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam Texas’ securities regulator has issued a cease-and-desist to a crypto investment scheme that faked endorsements from high-profile individuals.… Read More