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Tag: Fraud

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Singapore Implements Severe Caning Penalties for Cybercriminals and Altcoin Fraud Perpetrators
Singapore’s Parliament has passed sweeping amendments to the Penal Code that introduce corporal punishment through caning for perpetrators of cyber fraud and related offenses. The legislation targets scammers, members of criminal syndicates, recruitment operatives, and financial facilitators—imposing sentences ranging from 6 to 24 strokes… Read full article
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Sam Bankman-Fried’s Second Chance To Clear Fraud Conviction? Former FTX CEO Returns To Court Seeking Retrial
Lawyers representing Sam Bankman-Fried, the convicted founder and former CEO of collapsed crypto exchange FTX, are back in the appellate court in an effort to reverse his guilty conviction and 25-year prison sentence two years after a jury in Manhattan… Read full article
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Balancer Hack Uncovers Hidden DeFi Frauds As xUSD Depeg Threatens Morpho And Euler
Get your money out of Morpho and Euler! That’s the unfortunate clarion call when Bitcoin, Ethereum, and some of the top cryptos to buy dangerously plunged to crucial support levels.
It is a worrying message that only raises more questions… Read full article
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Postmortems can’t stop AI-powered crypto fraud
AI systems drive crypto fraud while the industry relies on outdated postmortems. Real-time transaction defense must become infrastructure. Read full article
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Coin
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Automated software application that is capable of trading (buy/sell) crypto…
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A technique used by hackers or shady site operators, that uses the computin…
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