United States, Fraud, Political corruption, Finance, Credit card, Collective investment scheme

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

On Sep 30, 2020
@CoinDesk shared
The Swedish man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets. Via @sebsinclair1989 https://t.co/XHIaneT3Ez
Open

The U.S. SEC is demanding the trial by jury of a Swedish national for his alleged involvement in an elaborate fraud involving cryptocurrency.

www.coindesk.com
On Sep 30, 2020
@CoinDesk shared
The Swedish man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets. Via @sebsinclair1989 https://t.co/XHIaneT3Ez
Open

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

The U.S. SEC is demanding the trial by jury of a Swedish national for his alleged involvement in an elaborate fraud involving cryptocurrency.

New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme

New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme

New York citizen Randall Crater has been charged with the development of an allegedly fraudulent cryptocurrency “My Big Coins” and marketing it to investors.

AML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are ‘Extorting’ Him

AML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are ‘Extorting’ Him

AML Bitcoin's Marcus Andrade claims he is being extorted by the U.S. government in a response to Thursday's charges by the Department of Justice and the Securities and Exchange Commission.

Bitcoin Daily: SEC Freezes Crypto Fund Touting 100 Pct Returns

Bitcoin Daily: SEC Freezes Crypto Fund Touting 100 Pct Returns

The Securities and Exchange Commission has gotten a court restraining order and asset freeze against two brothers allegedly engaged in "an offering fraud."

University of Arkansas Professor Indicted for Wire Fraud and Passport Fraud

University of Arkansas Professor Indicted for Wire Fraud and Passport Fraud

The Department of Justice announced today that Simon Saw-Teong Ang, 63, of Fayetteville, Arkansas, was indicted by a federal grand jury in the Western District of Arkansas on 42 counts of ...

Crypto startup AriseBank settles fraud accusations with SEC

Crypto startup AriseBank settles fraud accusations with SEC

Cryptocurrency startup AriseBank will pay $2.3 million to the U.S. Securities Ex...

Is Bitcoin a Fraudulent Crypto Craze?

Is Bitcoin a Fraudulent Crypto Craze?

In the WSJ Article, Crypto Craze Drew Them In; Fraud, in Many Cases, Emptied Their Pockets, the writers made an errant conclusion. This article seeks to clarify the misleading WSJ article ...

Lobbyist Abramoff to plead guilty in cryptocurrency fraud case

Lobbyist Abramoff to plead guilty in cryptocurrency fraud case

Lobbyist Abramoff to plead guilty in cryptocurrency fraud case

NASAA Provides Update on ‘Operation Cryptosweep’ Crypto Crackdown

NASAA Provides Update on ‘Operation Cryptosweep’ Crypto Crackdown

The NASAA revealed it is actively investigating more than 200 ICOs and cryptocurrency investments as part of Operation Cryptosweep.