As the ‘Election Fraud’ allegations intensify, Polymarket sees Harris’s odds on the rise, contrasting Trump’s hedge bets. Stay informed with The Bitcoin Street Journal’s investigative coverage.
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The Securities and Exchange Commission (SEC) has filed a complaint against Geosyn Mining LLC and its CEO, accusing them of defrauding investors out of $5.6 million through a fraudulent ICO. The SEC alleges that Geosyn Mining made false and misleading statements about its business and the use of investor funds. The complaint seeks to permanently enjoin Geosyn Mining from violating federal securities laws, require disgorgement of allegedly ill-gotten gains, and civil penalties.
In a major development, legal action has been initiated against ByBit over alleged participation in fraudulent activities. Following the FTX fraud case, authorities are cracking down on cryptocurrency exchanges, with ByBit now facing serious consequences for their involvement. The legal battle ahead promises to reshape the crypto market, leaving investors waiting with bated breath. Stay tuned for more updates on this evolving story.
Over $6 million worth of XRP was stolen in a major exploit, reportedly perpetrated by an unidentified individual. It is one of the most significant thefts of its kind to date.
As the technology of deepfake continues to develop and improve, yet another wave of celebrities are finding themselves at the mercy of manipulations of their images and videos, without their knowledge or consent.
Influential celebrities have recently come together to raise awareness about the dangers of deep fake scams on social media. Tom Hanks, MrBeast and other well-known figures warn viewers across the globe to be cautious about identity theft, phishing, and other malicious scams.
Guatemala is at the forefront of a new effort to fight fraud in presidential elections: use of the Bitcoin blockchain. With this technology, voting will be preserved securely and be more reliable than ever.
Amid allegations of not being “utility tokens,” the CTO of Ripple has weighed in on XRP’s usage, claiming “XRP has exceeded expectations as a liquidity solution” and has seen a surge in real-world applications.
Starting October 16, Chase Bank has announced the suspension of all payments involving cryptocurrency. The bank cited the “increase in deception and fraud risk” as a major factor in the decision.