UK Man Ordered to Pay More Than $571M for Fraudulent Bitcoin Trading Scheme: CFTC
The man solicited at least 22,190.542 bitcoin, valued at about $143 million at the time, from more than 1,000 customers worldwide.
Fraud
Fowler reportedly failed to pay his former lawyers leading to a motion to withdraw as his legal counsel.
The “clone” firm has been emailing and cold-calling investors and using the real company’s Firm Reference Number with a fake name, the regulator said.
A U.S. district court entered a default judgment against an Australian citizen residing in the U.S. and a Nevada corporation for a cryptocurrency fraud and misappropriation scheme, the Commodity Futures Trading Commission said Thursday.
Scams and Fraud Bubble Up as NFT Mania Takes Hold
Mar 31, 2021
Scams are a common occurrence in the crypto ecosystem. NFTs are no different.
First Crypto Fraud Case in Australia Involving $800K in Stolen Assets Filed to Federal Court
Mar 30, 2021
A French national is accusing Modern Assets of failing to perform the necessary research before connecting him with a mysterious seller who made off with his cash and crypto.
Fraud
