Bitfinex and its subsidiary Tether were charged for the second time since October before the United States District Court in Washington. The crimes for which they are accused are fraudulent activity and market manipulation.
According to an official statement, the crypto ecosystem platforms have…
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fraud
The EP ready to launch a permanent commission on tax fraud
The commission will continue the work carried out during the last legislature by other special commissions that were dedicated to investigating different tax scandals, such as the so-called "Panama Papers." This was agreed on Monday night…
TDC frauds are the main concern of citizens
A report submitted by the Unisys Security Index shows that credit card fraud and identity theft are one of the biggest concerns of the world's citizens.
In order to obtain these results, Unisys prepared a survey that took into account the…
VAT fraud threatens Spain revenues
Spain stopped receiving €1,806 million euros from VAT in 2017, which represents 2% of the 75,107 million it should have collected in full for that concept, according to a report published by the European Commission.
The figure is a…
G7 focuses on the risks of cryptocurrency such as Libra
Stable cryptocurrencies, such as Libra - Facebook's digital currency - can boost financial inclusion and lower costs, but also boost "serious risks." So they must follow the highest regulatory standards to prevent them from being used to…
Spain arrests suspects of money laundering in bitcoins
A group of 35 suspects were arrested in Spain for alleged crimes of falsification of bank cards and money laundering in the bitcoin cryptocurrency. This was reported last Friday by the police to the newspaper La Verdad.
The police report…
Panama alerts on false banks scams to citizens
Panamanian citizens could be victims of robberies and financial frauds through a new type of attack focused on sending false bank messages to customers through email or WhatsApp messages.
This was announced on Wednesday by the…
Canada freezes assets to blockchain founders Vanbex
Kevin Hobbs and Lisa Cheng, co-founders of the blockchain platform Vanbex, are charged by the Canadian police due to an alleged scam with deceptive currency offer (ICO) with which they would have obtained profits of USD 22 million.…
Cyprus wants to apply a regulatory framework against money laundering
Cyprus, through the Securities and Exchange Commission, is evaluating the possibility of adopting the regulatory framework of the European Union (EU) related to money laundering.
The CySEC indicated that it requested the transposition of…
Mastercard and Visa will increase fees for transactions
Beginning in April, US merchants must pay a higher percentage of transaction fees for MasterCard and Visa.
These rates correspond to the use of credit or debit cards at points of sale for purchases made in stores.
On the other hand, the…
Leaders of Komid crypto exchange arrested for faking volumes
Choi, the CEO of the Korean crypto exchange Komid, was sentenced to three years in prison, while the other company leader was sentenced to two years in prison for fraud, embezzlement and misconduct.
The stock market falsified approximately…
MasterCard to launch security guide for online payments
The increase of electronic commerce in recent months has led to the credit and debit card brand Mastercard to collect in a guide the security recommendations for online payments.
The objective is "to improve the consumer experience through…