Crypto scams and frauds saw a further decline, with losses totaling $52 million in May, down from $59 million the previous year.
Many financial institutions are finding it challenging to keep pace with the increasing sophistication of AI-driven fraud, highlighting a critical need for improved detection and prevention strategies.
Arkbit made a false assertion about running data centers in Arkansas for the purpose of cloud mining different cryptocurrencies.
Taiwanese prosecutors, collaborating with Binance, assembled evidence leading to the indictment of nine individuals on charges of financial wrongdoing, encompassing money laundering and fraud.
In a recent development, renowned singer Shakira has reached a deal to resolve her Spanish tax fraud case. This highly publicized legal battle comes to a close as the multi-talented artist agrees to pay a substantial sum and regularize her fiscal situation.
Hey there, fellow voters! Can you believe it's already Election Day 2023? It feels like just yesterday we were analyzing the political landscape of the previous election. But here we are again, ready to cast our votes and make our voices heard.
In a high-profile fraud case that has captured the attention of the nation, Donald Trump's sons, Donald Jr. and Eric, took the witness stand this week, presenting contrasting testimonies that shed light on their differing personalities and approaches.
Hey there crypto enthusiasts! Get ready for some shocking news in the world of cryptocurrencies. The so-called 'Crypto King' Sam Bankman-Fried, founder and CEO of FTX, has recently been found guilty of fraud.
A New York judge has ruled that Donald Trump engaged in fraud by consistently misrepresenting his wealth, inflating property values by hundreds of millions of dollars. This ruling is part of a civil case against the former president and his family business, alleging fraudulent activities involving banks and insurers over an extended period.
Brazilian football star Neymar always said his manager/father dealt with his contract as he took his stand at his trial...