Sky Mavis, a crypto startup operating the popular “Axie Infinity” game, said hackers had stolen over $600 million worth in cryptocurrency, The Wall Street Journal reported Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
March 2020 changed how firms look at security and compliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
An Estonian man on Friday (March 25) was sentenced to 66 months in prison for his role in a years-long scheme that included computer hacking, moving stolen goods and money and using stolen financial account information to make money, according to a U.S. Justice Department...
Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Get the Full Story Complete the form to unlock this article and...
Prosecutors in Manhattan have accused a former party producer of using bitcoin to launder millions in for a “rolodex of crooks” around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Four men were indicted for allegedly engaging in a $16 million wire fraud and money laundering operation connected to their investment firm, which involved fake offerings promising large returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Two Brazilian nationals — one residing in Lowell, Massachusetts and another in Daly City, California — pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft in connection with a nationwide plot to open fraudulent driver accounts with rideshare and delivery service companies....
Romance scams. Puppy scams. Peer-to-peer (P2P) fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
SIM swaps, employment schemes, business email compromise, tech support fakes, auction fraud, romance scams — fraud comes in many forms, and 2021 was a banner year for it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
