Oct 07 2023
The conference drew over 200 attendees, including MPs from various Latin American and Caribbean nations, experts, public personalities, and diplomats. “We are convinced that a new world order is being built, and Russia is one of the pillars of this order,” said the Special Representative of the President of Nicaragua for Russian Affairs, Laureano Ortega …
Oct 07 2023
Kraken, an already prominent virtual currency exchange network, just declared its intention to acquire Coin Meester B.V. (BCM) This strategic acquisition aims to cement Kraken’s foothold in the European region while enhancing compliance with the changing regulatory climate. BCM was established in 2017 and has already amassed a reputation as one of the oldest and …
Oct 07 2023
FTX co-founder Gary Wang revealed more details of Alameda Research’s corrupt relationship with his exchange on Friday. Wang claimed that the function required for Alameda to steal client funds had been baked into FTX’s computer systems back in 2019. As Wang had , Alameda could withdraw unlimited funds from FTX. This feature was later exploited …
Oct 06 2023
The US commodities regulator has targeted yet another crypto exchange for allegedly running a ‘fraudulent’ digital asset commodity scheme. The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the US District Court for the Southern District of Florida against Pennsylvania-headquartered Mosaic Exchange Limited. The CFTC alleged that Mosaic and its operators fraudulently …
Oct 05 2023
British authorities have reported that people in the U.K. lost more than US$113 million last year in so-called “romance scams” A perpetrator creates a fake identity, gains the victim’s affection and trust and then empties his or her bank account. Swindlers can find fertile ground for their scams on dating apps, sites, and social media …
Oct 05 2023
The investigation began in 2021 when authorities detected three cases of fraudulent activities involving VAT spanning from 2019 to 2021. Law enforcement soon uncovered that a criminal network in Spain was facilitating the purchase and sale of used luxury vehicles between German and Portuguese companies. The network sold and purchased high-end luxury vehicles through a …
Oct 05 2023
Italian Financial police say they have targeted a criminal syndicate whose members were stealing millions of euros. Officers targeted 75 individuals, conducted 16 searches in several regions of Italy, seizing items relevant to the two-years-long probe. Investigators believe that a criminal group with ties to the Mafia is misusing national and EU public funds. The …
Oct 04 2023
Pablo Rodriguez, co-founder of AirBit Club, sentenced to 12 years in prison. Rodriguez pleaded guilty to wire fraud conspiracy charges in March. Rodriguez and his co-conspirators were accused of orchestrating a global scam. Judge George B. Daniels at the District Court has ordered an extra three years of supervised release for Rodriguez, which will be …
Oct 04 2023
Users of FriendTech (FT) have reported instances of unauthorized access to their accounts, resulting in the theft of their valuable digital assets. These security breaches have raised significant concerns regarding the vulnerabilities of the centralized service, prompting SlowMist’s founder to issue a warning about the inherent risks associated with utilizing the platform. The initial occurrence …
Oct 04 2023
Reporters Without Borders says Greek authorities have done little to improve the situation. Between 2020 and 2022, the Greek National Intelligence Service (EYP) wiretapped journalists in the name of national security. Reporters have also been illegally targeted by the phone hacking software “Predator” and despite complaints they filed, justice has yet to be served in …