The collapse of cryptocurrency exchange FTX has pulled a host of other companies down with it and threatens the stability of the digital coin marketplace, but some lawmakers on Capitol Hill are holding on to their crypto investments – even as they call for tighter regulations.
Read More
The U.S. Attorney’s Office for the Eastern District of Texas announced on Wednesday that it has charged 21 people in a transnational crypto money-laundering network that washed millions in funds scammed from thousands of U.S. victims.
Read More
A congressional subcommittee issued its final report Thursday about financial fraud supercharged by online lending during the pandemic, which alleged executives and their families enriched themselves through government relief programs.
Read More
A Wisconsin man has been indicted for orchestrating a $35 million bank fraud scheme, announced U.S. Attorney Andrew M. Luger.
Read More
U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies whose 2018 arrest strained relations between the U.S. and China.
Read More
Matthew Onofrio claimed he’d cracked the code on commercial real estate, but is accused of fleecing inexperienced investors and banks.
Read More
Bitfront, a crypto exchange backed by Japanese social media app Line, is shutting down after failing to overcome turmoil in the industry.
Read More
With their latest move, emerging economies such as Brazil and India are getting closer to crypto. While Brazil legalized cryptocurrency as a payment method, India is launching the retail version of its digital currency on a test basis.
Read More
Crypto has had a tumultuous year, to say the least. And even its bullish investors are admitting it.
Read More
