fraud
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Ex-OpenSea Manager’s Trial Begins in First Alleged NFT Insider Trading Scheme
The trial against ex-OpenSea product manager Nathaniel Chastain is set to begin later this week, nearly a year since he was arrested in New York City for wire fraud. Chastain’s arrest came on the tail-end of an FBI investigation into his non-fungible tokens (NFT) dealings, which alleged he had secretly bought NFTs and resold them…
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The Top 10 Scams of 2022, According to the U.S. Government
Ever since folks called my elderly mum and told her they had kidnapped me in order to extort her, scammers have held a special place in my heart. (I was not kidnapped, and thankfully, my mum was not conned.) Specifically, that small little part of it that wishes them eternal damnation and diarrhoea.
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FTX’s Own Executive Tipped Off Bahamian Regulators to Possible Fraud
As the news of FTX’s collapse keeps rolling in, the twists keep coming. We’re now learning that one of the once wildly popular cryptocurrency exchange’s executives — Ryan Salame — turned on the company by tipping off Bahamian regulators about the potential of fraud according to recently unsealed court documents.
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U.S. SEC Charges 4 People in $AU459 Million Crypto Ponzi Scheme
Blockchain sceptics and critics often deride cryptocurrency as a whole as one big pyramid scheme. And though that point might have some room for debate, the Securities and Exchange Commission is officially adding at least one more crypto venture to the ever-growing list of “definitely a scam” operations.