Tagged: crypto fraud

Lloyds Bank Warns Consumers About Growing Threat of Crypto Scams

November 13, 2023 @ 8:52 am By Omar Faridi |

A growing number of British investors risk being defrauded by a wave of fake adverts posted on social media, according to a new a warning issued by Lloyds Bank. The number of cryptocurrency investment scams reported1 “by victims so far this year has risen by… Read More

Read more in: Fintech, Blockchain & Digital Assets, General News, Global | Tagged consumer protection, crypto fraud, crypto scams, europe, financial services, fraud, fraudulent activities, lloyds bank, scams, uk, united kingdom

NYDFS Enhances Virtual Currency Fraud Detection Capabilities

February 22, 2023 @ 10:49 am By Omar Faridi |

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris recently announced that the Department has “enhanced its ability to detect fraud and other illegal activity among New York State-regulated entities engaged in virtual currency activity through new insider trading and market manipulation… Read More

Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged adrienne a. harris, crypto fraud, crypto-assets, digital currency, financial crime, fraudulent activities, new york, new york state department of financial services, nydfs, united states, us, virtual currencies