13 / 13 Relevant items tagged with #fraud

Posts

CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March

[Nov 21, 2022 8:32 AM] According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive…

Bankrupt crypto exchange FTX begins strategic review of global assets

[Nov 20, 2022 2:00 AM] FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court's approval.

SBF's lawyers terminate FTX representation due to conflicts of interest

[Nov 19, 2022 2:40 AM] Attorney Martin Flumenbaum believed that Sam Bankman-Fried's "incessant and disruptive tweeting" negatively impacted the reorganization efforts of the lawyers.

Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

[Nov 18, 2022 11:30 PM] A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the…

Crypto scammers are using black market identities to avoid detection: CertiK

[Nov 17, 2022 9:48 PM] The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.

Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed

[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…

Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds

[Nov 16, 2022 12:30 PM] The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds.

El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX

[Nov 14, 2022 3:03 AM] Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.

Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year

[Nov 14, 2022 3:00 AM] A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees…

Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round

[Nov 9, 2022 8:00 AM] Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million.