Internet sleuths have discovered that $515 million has disappeared from the accounts of collapsed crypto…
Peel police arrest man in alleged ‘romance scam,’ believe there are more victims
A Brampton man has been arrested after allegedly receiving over $10,000 in a “romance scam,” and police believe there may be more victims. In a news release on Thursday, Peel Regional Police said an older adult victim sent money to the suspect to allegedly pay off...
Russian-Canadian man arrested, awaiting U.S. extradition for alleged global ransomware crimes
A Russian-Canadian man from Ontario is in police custody and awaiting extradition to the United States for his alleged participation in a global ransomware campaign, the U.S. Department of Justice announced Thursday. Mikhail Vasiliev, a 33-year-old dual Russian and...
At least 20 Billionaires got burnt by Sam Bankman-Fried and FTX cofounder Gary Wang
The FTX wonderkind and his cofounder are no longer billionaires. And the sudden collapse of their cryptocurrency exchange has hit the fortunes of at least 20 of the world’s richest people. When Bahamas-based FTX and its American affiliate FTX U.S. suddenly collapsed...
LSO releases results of investigation into cheating on lawyer licensing examinations
The Law Society of Ontario (LSO) has released the results of its investigation into cheating on the November 2021 lawyer licensing examinations. “The Law Society has taken the appropriate action in the circumstances, given the gravity of the conduct and the evidence...
The fall of crypto exchange FTX is ‘worse than Theranos, worse than Madoff’ as federal probes mount, former SEC official says
The fall of cryptocurrency exchange FTX has drawn numerous comparisons to the collapse of Lehman Brothers, which sparked the 2008 financial crisis. But a former Securities and Exchange Commission official likened FTX to the Theranos and Bernie Madoff debacles....