Fraud


Videos

The Supreme Court Is Redefining What ‘Authorized Access’ Means in Computer Fraud Cases

The U.S. Supreme Court overturned the precedent set by Van Buren v. United States, which created a notoriously ambiguous definition for “exceeds authorized access,” language in a law that allows the government to prosecute computer crime.

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Videos

Bitcoin Lets People Make Choices About What They Want: Eric Voskuil

During a panel discussion at Consensus 2021, “Cryptoeconomics” author Eric Voskuil said people doing what they want with their money, no matter the coin, should be applauded. He added upgrades should be a way to get everyone to go along and not a form of censorship.

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Markets

Goldman’s Crypto Chief Worries About Fraud, but Not Cryptocurrency’s Future

The investment banking giant’s Mathew McDermott said the company would continue to expand its offerings in the cryptocurrency space to meet surging demand.

Goldman Sachs

Markets

OCC Warns of Fraudulent Emails Seeking Bitcoin Wallet Keys

The U.S. regulator said it did not send the messages or hold any funds for individual benefit.

The OCC warned consumers not to respond to scammers seeking their bitcoin wallet keys.

Policy

NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims

The action follows allegations of fraud against the app in February.

New York State Attorney General Letitia James

Markets

Fowler, Accused of Crypto Fraud, Gets a New Lawyer After Failing to Pay His Old Ones

Fowler reportedly failed to pay his former lawyers leading to a motion to withdraw as his legal counsel.

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Markets

‘Blockchain Recovery’ Scam Is Posing as a Legit Firm, UK FCA Warns

The “clone” firm has been emailing and cold-calling investors and using the real company’s Firm Reference Number with a fake name, the regulator said.

Twin Girls

Tech

Scams and Fraud Bubble Up as NFT Mania Takes Hold

Scams are a common occurrence in the crypto ecosystem. NFTs are no different.

Fake NFT dog art

Markets

First Crypto Fraud Case in Australia Involving $800K in Stolen Assets Filed to Federal Court

A French national is accusing Modern Assets of failing to perform the necessary research before connecting him with a mysterious seller who made off with his cash and crypto.

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