Fraud
Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top cryptocurrency exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time.
Trader Jailed and Fined Over $1 Million for NewsCapsule and Litecoin Fraud Scheme
The CFTC has fined Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme. The same day, a District Court in the Northern District of Illinois sentenced Kim to 15 months on wire fraud charges.
SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud
The U.S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases.
SEC Obtains Emergency Court Order to Halt Questionable ICO
The recently planned initial coin offering by Blockvest LLC and its founder Reginald Buddy Ringgold III falsely advertised that the token sale was approved by the SEC.
These Tiny “Crypto-Anchors” From IBM Could Help Fight Product Fraud
Smaller than a grain of salt, crypto-anchors can authenticate a product’s origin and contents, ensuring it matches the record stored in the blockchain.
SEC Halts AriseBank ICO, Calling It “an Outright Scam”
The founders of the "decentralized bank" are being charged with alleged fraud and issuing unregistered securities during its ICO.
UBI Blockchain Is the Latest in Series of SEC Cryptocurrency Crackdown Targets
In a story that is getting all too familiar recently, the Securities Exchange Commission (SEC) halted trading on yet another blockchain-related company stock, UBI...
NewsCapsule Hearing For Small Businesses
Last Wednesday, the Committee on Small Business held a hearing aimed at exploring NewsCapsule, the benefits and risks for small businesses. The hearing was...
Fraud Detection in the World of NewsCapsule
The NewsCapsule protocol is strong cryptographically (to the best knowledge so far), and we wish the world encompassing its network and users were as...
