crypto fraud

Bitcoin ATM Installations Plummet to Two-Year Low
Bitcoin ATM Installations Plummet to Two-Year Low
October 19, 2023  |  Cryptocurrency

The number of bitcoin ATMs worldwide have hit a two-year low. Over the past year, the number of bitcoin ATMs available has declined by 7,000,...

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Bankman-Fried Trial: Defense Paints ‘Normal Guy’ Image
Bankman-Fried Trial: Defense Paints ‘Normal Guy’ Image
October 04, 2023  |  Legal

Observers might be wondering what the famously probabilistic Sam Bankman-Fried thinks about his chances now.  In day two of the quant-minded and alleged crypto criminal’s...

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Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
September 29, 2023  |  Cryptocurrency

Coinbase CEO Brian Armstrong has reportedly criticized J.P. Morgan Chase’s decision to block crypto-related transactions in its U.K. digital banking subsidiary, Chase UK. Armstrong said that private companies should not...

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New Technologies Needed to Stem the Rising Tide of Crypto Fraud
New Technologies Needed to Stem the Rising Tide of Crypto Fraud
September 26, 2023  |  Fraud Prevention

Advancements in digital banking and the proliferation of faster digital payment methods have accelerated the rise in sophisticated fraud and financial crime, with financial institutions...

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Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
August 28, 2023  |  Legal

Sam Bankman-Fried’s lawyers say their client can’t assist in his defense from behind bars. Attorneys for the FTX founder turned accused cryptocurrency fraudster have asked a judge to...

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Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion in 2022
Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion in 2022
March 06, 2023  |  Cryptocurrency

Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related...

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FTX Crypto Execs Plead Guilty, Flip on Founder, Look for Leniency
FTX Crypto Execs Plead Guilty, Flip on Founder, Look for Leniency
December 22, 2022  |  Cryptocurrency

Alameda Research CEO Caroline Ellison is cooperating with authorities in the FTX crypto case. That’s according to a recently unsealed plea agreement showing the 28-year-old hedge funder...

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NY Man Admits Guilt in $2M Crypto Mining Fraud
NY Man Admits Guilt in $2M Crypto Mining Fraud
November 29, 2022  |  Cryptocurrency

A man has pleaded guilty to defrauding customers who bought cryptocurrency-mining products and services.  Chester J. “Chet” Stojanovich pleaded guilty Tuesday (Nov. 29) to wire...

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DOJ Charges 2 in $575M Crypto Mining Scam
DOJ Charges 2 in $575M Crypto Mining Scam
November 21, 2022  |  Cryptocurrency

An already edgey cryptocurrency market was given additional cause for fear Monday following reports that two Estonian nationals have been arrested for their alleged involvement...

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