(source: complyadvantage.com)
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest...
Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses...
The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...
Sam Bankman-Fried has gone from the smartest one in the room to the most forgetful. This, as the 31-year-old cryptocurrency entrepreneur accused of orchestrating one...
Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...
Federal prosecutors rested their case against accused financial fraudster Sam Bankman-Fried on Thursday (Oct. 26). Now, nearly a full calendar year since his multibillion-dollar crypto...
FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...
A new report by the Federal Trade Commission (FTC) shows the extent of the problem of cross-border fraud. Since the FTC began monitoring complaints on...
FinTech company Jack Henry has introduced a new tool to help banks combat fraud. The firm’s Financial Crimes Defender, announced Monday (Oct. 16), is a cloud-native, real-time fraud...