Tag: fraud
Open Banking Can ‘Bolster Defences’ Against Rising APP Fraud in the UK
Authorised push payment (APP) fraud losses decreased by 17 per cent in 2022 according to UK Finance,…
90% of Consumers Believe Their Financial Provider Could do More to Protect Them From Fraud, Says SAS
Nearly two-thirds of UK consumers will switch providers if they don’t feel protected against fraud, according to…
Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud…
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern…
FTX’s former external legal team disputes involvement in fraud allegations
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action…
India to develop dark net monitoring tool to combat crypto fraud: Report
The Indian Ministry of Home Affairs (MHA) is reportedly developing a crypto intelligence tool in response to…
Philippines SEC teams up with US counterpart to combat crypto fraud
The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well…
Hong Kong to tighten crypto regulation in wake of JPEX fraud case
Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of…
OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering
Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced to 20 years in prison and ordered…
Arbitrum’s fraud proofs haven’t been used in the two years since it launched
Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with…