scheme

Former NFL co-owner sentenced to 6 years for crypto shadow bank scheme

0xMain
June 6, 2023

Bank, coowner, Crypto, Hacking, NFL, scheme, sentenced, shadow, years

Reginald Fowler, a former co-owner of the Minnesota Vikings and prominent figure in the NFL, has been handed a six-year sentence after being found guilty of running a “shadow bank” operation within the crypto industry. The sentencing follows his involvement in over $700...

The Most Suitable Crypto Exchange For USA Users06 1

CFTC charges 5 in fraudulent digital asset trading scheme

0xMain
May 25, 2023

asset, CFTC, charges, Digital, fraudulent, Hacking, scheme, trading

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. The defendants, David...

crypto news Kremlin side view open space blurry background day light low poly style

Russian hacker indicted for $200m crypto scheme targeting US infrastructure

0xMain
May 17, 2023

200m, Crypto, hacker, Hacking, indicted, infrastructure, Russian, scheme, targeting

The United States Department of Justice (DOJ) has announced the indictment of a Russian national for orchestrating a crypto-ransomware scheme that specifically targeted the infrastructure of the United States. On May 16, the unsealed indictments revealed the identity of the accused as Mikhail...

crypto news a man gets out of jail blurry figure day light sixties retro futuristic illustration

CFTC slaps record $3.4b fine on crypto Ponzi scheme operator

0xMain
April 28, 2023

3.4b, CFTC, Crypto, fine, Hacking, operator, ponzi, record, scheme, slaps

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States Commodity Futures Trading Commission (CFTC) has ordered Cornelius Johannes Steynberg of Stellenbosch, Western Cape, South Africa, to pay $3.4 billion in restitution and a civil monetary...

Miami charging five people in HYDRO manipulation scheme

0xMain
April 25, 2023

charging, Hacking, HYDRO, manipulation, Miami, people, scheme

A South African citizen and two U.S. nationals are among the five individuals charged in Miami for manipulating the HYDRO virtual asset created by the Hydrogen Technology Corporation. The other two are being charged in a different indictment for their role in the...

Grogan blasts alleged front-running scheme at Binance

0xMain
January 23, 2023

alleged, Binance, blasts, frontrunning, Grogan, Hacking, scheme

The head of product and business operations at Coinbase, Conor Grogan, slammed Binance for allowing unknown actors to front-run trades. Grogan has claimed to trace patterns stretching for up to 18 months back. Binance allows insider trading, Grogan implies The Coinbase director highlighted...