SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
The US Securities and Exchange Commission (SEC) has sued crypto mining investment business Mining Automatic and its founder, Zan Shaikh, alleging they raised $22 million...
Tag : Alleged
SEC targets Mining Automatic over alleged $22M crypto mining fraud
The U.S. Securities and Exchange Commission has sued Mining Automatic and its owner, Zan Shaikh, after they allegedly raised about $22 million from more than...
DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded...
US charges prisoner over alleged laundering of seized Kraken crypto
United States prosecutors have charged a man serving a federal prison sentence over the alleged removal and laundering of about $290,000 in crypto assets held...
CFTC sues crypto pool operator over alleged $14M fraud
The CFTC has sued a North Carolina man and his company over an alleged commodity pool fraud tied to crypto and futures trading. Summary CFTC...
BIG3 NFT Buyers Sue Ice Cube's Basketball League Over Alleged Unfulfilled Promises
In brief Owners of BIG3 NFTs have sued Ice Cube’s 3-on-3 professional basketball league over allegedly unfulfilled promises. NFT purchasers, who paid as much as...
Nigel Farage faces watchdog probe over alleged Tether lobbying
Nigel Farage has been reported to the UK Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways...
India probes Myanmar camps over alleged forced crypto scams
India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber...
Farage Reported to UK Standards Watchdog Over Alleged Crypto Lobbying
In brief Labour MP Phil Brickell has reported Nigel Farage to the Parliamentary Commissioner for Standards, alleging he lobbied the Bank of England on crypto...
Alibaba bans Claude Code over alleged backdoor security concerns
Alibaba has banned employees from using Anthropic’s Claude Code in workplace environments from July 10 over alleged security concerns involving embedded backdoors, according to a...