Tag: Fraud

Fugitive CEO Hit with $3.4 Billion Fine in Record Fraud Case

Fugitive CEO Hit with $3.4 Billion Fine in Record Fraud Case

While the cryptocurrency market continues to evolve, the amount of stolen cryptocurrency has increased in recent years, creating a large pool of fraud cases. In a historic verdict, US District Judge Lee Yeakel ordered a South African executive paying more than $3.4 billion in restitution Read More

Ethereum And Ripple Commit Securities Fraud: Michael Saylor

Ethereum And Ripple Commit Securities Fraud: Michael Saylor

Bitcoin bull Michael Saylor famously doesn’t care much for altcoins, including Ripple (XRP) and Ethereum (ETH). In a recent podcast appearance, Saylor spoke about classifying these cryptocurrencies as securities. In reference to the legal battle between Ripple Labs and the US Securities and Exchange Commission Read More