by L Poole | Feb 17, 2023 | Breaking News, Cryptocurrency, Featured
The SEC charged Terraform and its CEO Do Kwon with defrauding investors. Kwon and Terraform perpetrated a “multi-billion” dollar fraud against investors as part of marketing the TerraUSD and luna coins, which collapsed in May 2022. Kwon is a fugitive, and...
by L Poole | Feb 3, 2023 | Breaking Court Decisions, Breaking News, Cryptocurrency, Featured
The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual currency called My Big Coin with lies and half-truths. Federal...
by L Poole | Feb 1, 2023 | Breaking News, Cryptocurrency, Featured
Awoman meets a man online. They flirt. Then, after a few weeks, they begin imagining a future together. Fast forward a few months and one of them has had their heart broken and been defrauded of their life savings. It sounds like a classic romance scam, but it isn’t....
by L Poole | Jan 24, 2023 | Breaking News, Cryptocurrency, Featured
Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed, fireballs erupted and Alicia Keys’ “Girl on Fire” blared through the speakers. “Looks like a girl, but she’s a flame. So bright, she can burn your...
by L Poole | Jan 9, 2023 | Breaking News, Cryptocurrency, Featured, Fraud Prevention
The Nova Scotia Securities Commission is warning residents of a crypto scam, which it says is often cruelly referred to as a “pig butchering” scheme. The commission said in a Monday morning release the scam is causing “individual losses of hundreds...
by L Poole | Dec 30, 2022 | Breaking News: FTX Crypto Exchange Collapse, Cryptocurrency, Featured
Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge in her guilty plea for her role in the exchange’s collapse. Caroline Ellison,...