Category: Law and Order

  • Elon Musk Seeks To Dismiss $258 Billion Dogecoin Lawsuit!

    Elon Musk Seeks To Dismiss $258 Billion Dogecoin Lawsuit!

    The plaintiffs point to a series of tweets by Musk about Dogecoin, but his lawyers argue that these were often just “harmless and silly” and “not at all unlawful.” Meanwhile, Evan Spencer, the attorney for the plaintiff side, is “more confident than ever that our case will succeed.”

  • Binance CEO Denies Rumours Of Interpol Red Notice!

    Binance CEO Denies Rumours Of Interpol Red Notice!

    The cryptocurrency market has been abuzz with recent rumors from an anonymous source claiming that Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, allegedly received a Red Notice from Interpol. The rumor about the issuance of an Interpol Red Notice for Changpeng Zhao (CZ), the CEO of Binance, has immediately…

  • Visa And Mastercard Support Suspicion Of Wirecard Fictitious Transactions!

    Visa And Mastercard Support Suspicion Of Wirecard Fictitious Transactions!

    The former CEO Markus Braun denies allegations of fictitious transactions. In the Wirecard trial, Braun is accused of billion-dollar fraud.

  • New Hope For XRP: Will Ripple Win Against The SEC?!

    New Hope For XRP: Will Ripple Win Against The SEC?!

    Since the end of December 2020, the SEC has been at loggerheads with Ripple. The legal dispute drags on and weighs on the cryptocurrency XRP. Is the decisive help for Ripple coming now?

  • Crypto Founder Do Kwon Charged With Fraud In The U.S.!

    Crypto Founder Do Kwon Charged With Fraud In The U.S.!

    Do Kwon, cofounder of the collapsed crypto scheme Terra-Luna, was charged with fraud by U.S. prosecutors shortly after local authorities arrested him in Montenegro. A grand jury in New York federal court charged Kwon with securities fraud, wire fraud and commodities fraud, the indictment shows. In February, the SEC already…

  • Two Suspected Crypto Fraudsters Tracked Down!

    Two Suspected Crypto Fraudsters Tracked Down!

    After a severe crypto fraud in which a 41-year-old man lost around €10,000, two suspects have now been identified. They are a 31-year-old Albanian and a 43-year-old Kosovar. They will be charged with aggravated fraud.

  • Law Enforcement Crashed ChipMixer, The World’s Largest Crypto Money Laundering Service!

    Law Enforcement Crashed ChipMixer, The World’s Largest Crypto Money Laundering Service!

    German and US authorities, supported by Europol, seized Bitcoins worth around $46 million In a coordinated international takedown of ChipMixer, a darknet cryptocurrency “mixing” service responsible for laundering more than $3 billion worth of cryptocurrency since 2017. The service laundered the money from illicit activities, including ransomware, darknet markets, fraud,…

  • Ontario Man ‘Devastated’ After Losing His Home And Nearly $500,000 In A Crypto Scam!

    Ontario Man ‘Devastated’ After Losing His Home And Nearly $500,000 In A Crypto Scam!

    An Ontario man says he is “devastated” after investing his entire life savings in an investment scam he became involved in through a YouTube video he saw.”I’m devastated. It ruined me, and my savings are gone,” said Stephen Carr of Meaford, Ontario. Online investment fraud continues to be a significant…

  • LBRY Credits With A First Victory Over The SEC In Court Case!

    LBRY Credits With A First Victory Over The SEC In Court Case!

    The U.S. Securities and Exchange Commission (SEC) has recently filed several lawsuits against crypto companies for allegedly selling equity-like products, i.e., unregistered securities. The most high-profile case is the SEC’s lawsuit against Ripple, expected to be settled by the end of March 2023 after years of litigation.

  • Anti-Money Laundering FinTech Hawk AI Raises $17 Million!

    Anti-Money Laundering FinTech Hawk AI Raises $17 Million!

    Money laundering is an enormous problem for societies and economies. More than two trillion US dollars are laundered every year. Economic fraud has increased by more than 37% in high-growth markets in the last twelve months. Munich-based fintech Hawk AI, which supports banks and financial service providers in the fight…