fraud

OneCoin’s legal head extradited to US on fraud charges

0xMain
March 21, 2023

charges, extradited, fraud, Hacking, legal, OneCoins

Mark Scott, the legal head of the controversial cryptocurrency project OneCoin, has been extradited to the United States to face charges of fraud, money laundering, and conspiracy to commit wire fraud, marking the latest development in the ongoing investigation into the multi-billion-dollar Ponzi...

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SEC going after BKCoin and Kang over fraud allegations

0xMain
March 6, 2023

allegations, BKCoin, fraud, Hacking, Kang, SEC

The U.S. SEC has filed an emergency action against BKCoin Management LLC and its principal, Kevin Kang, for allegedly orchestrating a $100 million crypto fraud scheme. The SEC obtained an asset freeze, appointment of a receiver, and other emergency relief against the Miami-based...

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SEC charges Terraform and Do Kwon with fraud allegations

0xMain
February 17, 2023

allegations, charges, fraud, Hacking, Kwon, SEC, Terraform

The US Securities and Exchange Commission filed charges against Singapore-based Terraform Labs PTE Ltd and Do Kwon on Feb. 17, accusing them of perpetrating a scam involving algorithmic stablecoins and other crypto asset securities that totaled multiple billion dollars. Today we charged Singapore-based...

US DoJ calls for independent fraud investigator for FTX

0xMain
February 6, 2023

calls, DoJ, fraud, FTX, Hacking, independent, investigator

The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for more investigations on fraud The U.S. Department of Justice called for the appointment...