Crypto Fraudsters Can be Fined, Jailed and Now Also ‘Caned’ by Authorities
The government is exploring this option to deter financial crimes and protect citizens from falling victim to crypto fraud.
Regulation By Enforcement Is Out at CFTC, Acting Chair Pham Says
The CFTC’s Division of Enforcement is being reorganized to “refocus” on fraud prevention.
Do Kwon Criminal Trial Set for 2026 as Lawyers Deal with ‘Massive’ Trove of Evidence
Prosecutors are currently working to unlock four of Kwon’s cell phones provided by Montenegrin authorities.
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Wang was one of the key cooperating witnesses with U.S. prosecutors in Sam Bankman-Fried’s trial, earning him a “world of credit,” a judge said on Wednesday.
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says
Crypto scams accounted for only a tenth of total financial fraud complaints last year – but nearly half of the losses.