Fraud

White-collar crime surrounding cryptocurrencies was rampant in the early days of the industry. Still, the law is continuing to crack down on those who took advantage of the lack of…

Key Takeaways A South Korean man ran a $60 million Ponzi scheme targeting over 2,200 investors under the guise of AI and crypto businesses. The scam promised 300% returns and…

Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in federal prison on Thursday. The decision follows his December guilty plea to organizing a fraudulent scheme that misled…

The US Securities and Exchange Commission has said it doesn’t intend to refile its securities fraud complaint against Hex founder Richard Schueler, who goes by Richard Heart. “Plaintiff Securities and…

Inside Creative House2175085631 / Shutterstock.com You’ve probably heard the bold claims: Social Security is riddled with fraud, with millions of dead people somehow cashing government checks. It’s a narrative that’s…