Fraud

Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud

The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.

Michael Ackerman pleaded guilty in 2021 to accusations that he defrauded some 150 investors for $33 million in a digital asset trading scheme.

William Ichioka has agreed to the charges and the CFTC has sought full recovery for the defrauded individuals and entities.

By Amitoj SinghHun 23, 2023

Most organizations the regulator mentions have little or no online presence and, with one exception, aren’t working with any major crypto platforms.

By Sam ReynoldsHun 21, 2023

The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud.

By Jack SchicklerHun 13, 2023

The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours

By Jamie CrawleyHun 8, 2023

N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

The move is part of Prime Minister Rishi Sunak's strategy to tackle financial fraud in the country.

The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.

The U.S. Department of Justice last year charged three members of a Miami crew in a crypto-related scheme from 2020.

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