CFTC fines EmpiresX founders $130M in crypto fraud case
A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled...
Fraud
CFTC overhauls enforcement division to combat fraud without regulatory pitfalls
The Commodity Futures Trading Commission (CFTC) has announced a major reorganization of its Division of Enforcement, with an intent to...
Elon Musk Backs Blockchain to Help US Treasury Fight Fraud
Elon Musk, who leads President Donald Trump’s Department of Government Efficiency (D.O.G.E.), has called out the U.S. Treasury for approving...
Trumpcoins, Growth, Regulatory Battles Defined Crypto This Week
Political favor, institutional acceptance and regulatory scrutiny are increasingly colliding to redefine the digital asset landscape. At the heart of...
French investigators open fraud probe against crypto platform Binance | Reuters
French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at...
North Dakota bill seeks to cap crypto ATM transactions to tackle fraud
North Dakota’s lawmakers have introduced a bill aimed to combat crypto ATM transactions after 103 state residents reported $6.5 million...
Crypto Market Maker CLS Global Fined for Wash Trading Fraud
CLS Global, a financial services firm that acted as a “market maker” in the crypto industry, has agreed to resolve...
SEC fines DCG $38M over alleged investor fraud, sanctions Genesis CEO for negligence
The US Securities and Exchange Commission (SEC) initiated enforcement actions against Digital Currency Group (DCG) and its subsidiary Genesis on...
UK Woman Found Guilty of Laundering Bitcoin Tied to $6 Billion China Fraud
Jian Wen, a former takeaway worker residing in north London, was found guilty of one count of money laundering after...