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Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’

Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security experts said. Thousands of Investment Offers Entice Russians to Put Money Into Non-Existent Cryptocurrency Fraudsters have […]

Russia Cautious on Tokenizing Real-World Assets

US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities Offerings

US SEC Charges Man With Defrauding Crypto Investors in Two Digital Asset Securities OfferingsThe U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it […]

Russia Cautious on Tokenizing Real-World Assets

Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme

Japanese Police Arrest 4 Men Allegedly Behind  Million Crypto Investment SchemeFour alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture, Japan, said Monday that four men have been arrested for defrauding […]

Russia Cautious on Tokenizing Real-World Assets