fraud

CabbageTech Crypto Scheme Operator Pleads Guilty to Wire Fraud

46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them ...

19% of World Population Bought Crypto Before 2019: Kaspersky Report

A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have...

U.S. Authorities Seek Extradition of Alleged Crypto Scammer

The United States Department of Justice (DoJ) has unsealed a fraud complaint against Swedish citizen Roger Nils-Jonas Karlsson ...

US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitc...

Insurtech Platform to Apply Blockchain to Auto Claims With New Funding

Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, a...
June 18, 2019
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Zcash Rolls Out New Software Client to Bolster Network Health

Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open so...

UK Financial Watchdog Blacklists Clones of Two Major Financial Firms

The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corpo...

General Motors Leads $23M Funding Round for Spring Labs Blockchain Firm

United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press relea...

New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website

Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a re...

US SEC Adds Fraud to List of Charges Against ‘Crypto’ Firm Longfin

The United States Securities and Exchange Commission (SEC) has filed fraud charges against supposed cryptocurrency firm Longfin...