News list for " Fraud"
In a statement on the media report "Suspected five hundred million US dollars fraud case", Wu Jiechuan, a Hong Kong lawmaker, said: "Web3 company is suspected of being suspected of cross-border fraud 500 million US dollars by local trust companies in Hong Kong. The incident has attracted international and social attention. Many media and gold...
There are trust institutions involved in 500 million US dollar fraud case, cryptocurrency tycoon Sun Yuchen believes that it is a problem in Hong Kong's system. Chairperson of the Legislative Council Web3 and Virtual Asset Development Subcommittee Wu Jiechuang said that Hong Kong is actively attracting foreign capital, including mainland funds, but in fact many foreign friends have a very shallow understanding of Hong Kong's system, and even a lot of misunderstandings, thinking that this is a pr...
Bybit posted a reminder on the X platform that fraudsters will impersonate Bybit employees, reminding the community to be vigilant. Bybit will never ask for personal information, deposits or passwords. Be sure to carefully check official sources and report any suspicious situations. If you feel there is a problem, it is likely that there is a problem. Be careful.
On February 21st, according to Cointelegraph, Memecoin fraud is eroding community trust, especially the Libra token incident, resulting in a significant decrease in Solana user engagement rate. The number of active addresses on the network fell to an average of 9.50 million per week in February, a decrease of nearly 40% from the 15.60 million active addresses in November 2024. As confidence in Solana wanes, millions of dollars worth of cryptocurrencies are being transferred from Solana to other ...
According to the official website of the Department of Justice, US prosecutors have filed a civil forfeiture lawsuit in a crypto investment fraud case, recovering 7.24 BTC, 14,120 USDT, 105.75 ETH and other crypto assets. Investigations revealed that a Massachusetts resident was lured to join a fake investment group and tricked into transferring funds to a suspicious trading platform. Law enforcement found that at least three victims across the United States sent money to the same platform, and ...
Thai police, together with Chinese law enforcement, have seized two Chinese fraud ringleaders and frozen USDT crypto assets worth $2.50 million (about 84 million baht) on February 7. • Suspects: Ye Wanyou (29) and Li Weijie (30) • Arrest: On February 5, Thailand's Huamark Police Department and the Cyber Crime Task Force (PCT) launched a raid in a high-end residential area of Bangkok. The suspects tried to destroy mobile phone data but were detained by the police.
According to the official blog, Binance released the year-end report of the 2024 Anti-Fraud Refund Program, saying that a total of $9.10 million was recovered; 30,000 calls were made to contact potential victims; total losses prevented exceeded $129 million; 47,000 malicious addresses were blacklisted; and more than 15,000 alerts were sent to users every day.
Richard Shueler, founder of Hex, Pulsechain and Pulsex, is on the European Union Agency for Law Enforcement Cooperation Finland wanted list for fraud. He allegedly failed to file corporate tax returns and provide income information. In addition, he faces charges of assault of a minor.
According to Forbes, former cryptocurrency billionaire SBF, who is currently serving a 25-year sentence for fraud at the Metropolitan Detention Center (MDC) in Brooklyn, has begun writing his memoir. Forbes saw some of these chapters ahead of time, perhaps because SBF had not yet fully adapted to his new reality, writing in a style like Jane Goodall's account of life with chimpanzees or Victorian ethnologists.
On the evening of December 6, 2024, Xiangcai shares announced that the Kunming Intermediate Court recently made a first-instance judgment that in two civil cases in which Yunnan Trust was the plaintiff, Xiangcai Securities was required to bear 56% of the debt of Luo Jing's Zhongcheng Company of about 340 million yuan. This means that the court for the first time found that Xiangcai Securities was at fault in Luo Jing's fraud case. The reporter obtained a number of allegedly Xiangcai Securities r...
