South Korean Man Sentenced to Prison for Involvement in Bitcoin Fraud Scheme
A South Korean court has sentenced a 70-year-old man to prison for his involvement in a Bitcoin (BTC) fraud scheme. The man, identified only by the initial A, received a one-year jail term for his role in a telecommunications-related financial fraud. According to Kyeonggi Ilbo, the man was recrui ...
Temasek Analysts Reduce Premiums Following FTX Exchange Collapse
Singapore's Temasek Public Investment Fund said that the team of analysts that recommended investing in the FTX cryptocurrency exchange will drop some of the premiums because of the site's collapse. After the collapse of FTX Singapore fund had to write off as a loss inves ...
Las Vegas Resident Accused of Defrauding Investors of $45 Million in Virtual Reality Project Scheme
A Las Vegas resident has been accused of defrauding more than 10,000 investors of $45 million who believed they had invested in a virtual reality project. The U.S. Department of Justice has accused a Las Vegas resident of defrauding investors of a total of $45 million. The DOJ published the ch ...