Former Corrections Officer Charged in Crypto Fraud Targeting Police
John DeSalvo falsely promised extraordinarily high returns and claimed the unregistered token would replace pensions.
Original source
Read on DecryptRelated market context
US naval blockade of Iran spawns $344M in crypto scams targeting stranded vessels
The naval blockade's crypto scams highlight vulnerabilities in maritime security and underscore the need for robust digital fraud...
Chainalysis, South Korean police link up to fight crypto crime
South Korea's national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail inve...
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Onchain investigator ZachXBT said he has begun turning away all fraud victims in Canada, calling the country’s law enforcement res...
Sam Bankman-Fried loses appeal against crypto fraud conviction
The ruling underscores the judiciary's commitment to equating crypto fraud with traditional financial crimes, setting a stern prec...
Binance’s Changpeng Zhao contrasts fraud cases with SBF’s pardon application
The contrasting outcomes highlight the justice system's severe stance on financial fraud, emphasizing accountability in both crypt...
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...