The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. The civil cases involving his former company, however, are ongoing. Bankman-Fried’s conviction...
The Federal Trade Commission (FTC) and “chargeback mitigation” company Chargebacks911 have reached a settlement to prevent the company from engaging in deceptive practices. The settlement also prohibits the company...
Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. In fact, fraud incidents increased by 13% in...
The holidays are upon us, and gift cards remain a favorite to give and receive. And the fraudsters lie in wait — armed with advanced...
The conviction of Sam Bankman-Fried on fraud charges on Thursday (Nov. 2) coincided with a downturn in the cryptocurrency market, which had been recovering this...
The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...
Sam Bankman-Fried, 31, of Stanford, California, was convicted on all counts Thursday (Nov. 2). In a bit of poetic justice, the Thursday conviction came exactly...
Ace Hardware is reportedly recovering from a cyberattack that has left it unable to accept online orders. The news was first reported Sunday (Oct. 29)...
That’s all she wrote. Sam Bankman-Fried on Thursday evening (Nov. 2) was found guilty on all counts. And it wasn’t twelve angry men that did...