Fraud
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#Scam #STEEM #USDT #Fraud
Hi everyone, there is new scam and fraud activity people are doing now, as it is new, i could not find any information about that so I want to share my experience, so you can be aware of that.
People are calling and texting you for example in telegram and telling you that you can earn on a coin STEEM.
They say add you to testers list and you make STEEM coin transactions from Binance to any other wallet for example MEX. And developers pay you that coins for testing.
You can earn 1-5% from each transaction and you pay them 20-30% from your monthly income.
Sound really nice, isn’t it??
So what they do.
They guide you every step and you open MEX wallet and they ask for your “uid” so they can add you to the testers list.
After that they open a wallet with name “uid-your uid-”(but of course you don’t know that).
After which they guide you how to do the transfer.
At that moment they told to put this in yhe address.
“uid-your uid-”.
For new users it doesn’t seem weird and also a lot of people will not understand.
But this is not your wallet address, it’s theirs, and your wallet address as default when you open STEEM on MEX is “mxcsteem”.
When you put your MEMO code in transfer details and making transfers to their address, now they know your default wallet address and MEMO code(as they remove their MEMO code from their wallet).
After some time your funds arrive with 1-5% more(they send it to you).
You are doing it couple times and see that it works.
They ask you to deposit more money to see real income.
Once you transfer more money for ex. 1000$ they definitely will not arrive .
PLEASE DONT CONTACT WITH THIS KIND OF PEOPLE .
In my example I earned couple dollars 😂😂😂
I understand what they are doing before depositing big money and started playing with them.
I hope this topic will help people prevent their money to be stolen.
Hi everyone, there is new scam and fraud activity people are doing now, as it is new, i could not find any information about that so I want to share my experience, so you can be aware of that.
People are calling and texting you for example in telegram and telling you that you can earn on a coin STEEM.
They say add you to testers list and you make STEEM coin transactions from Binance to any other wallet for example MEX. And developers pay you that coins for testing.
You can earn 1-5% from each transaction and you pay them 20-30% from your monthly income.
Sound really nice, isn’t it??
So what they do.
They guide you every step and you open MEX wallet and they ask for your “uid” so they can add you to the testers list.
After that they open a wallet with name “uid-your uid-”(but of course you don’t know that).
After which they guide you how to do the transfer.
At that moment they told to put this in yhe address.
“uid-your uid-”.
For new users it doesn’t seem weird and also a lot of people will not understand.
But this is not your wallet address, it’s theirs, and your wallet address as default when you open STEEM on MEX is “mxcsteem”.
When you put your MEMO code in transfer details and making transfers to their address, now they know your default wallet address and MEMO code(as they remove their MEMO code from their wallet).
After some time your funds arrive with 1-5% more(they send it to you).
You are doing it couple times and see that it works.
They ask you to deposit more money to see real income.
Once you transfer more money for ex. 1000$ they definitely will not arrive .
PLEASE DONT CONTACT WITH THIS KIND OF PEOPLE .
In my example I earned couple dollars 😂😂😂
I understand what they are doing before depositing big money and started playing with them.
I hope this topic will help people prevent their money to be stolen.
Cryptocurrency Scams Surge in 2023, FBI Report Shows
#TrendingTopic #CryptoCurrency #Fraud
First Come First Serve 100 USDT Red Pocket Reward For Only 3000 user
The federal Bureau of Investigation (FBI) reported a significant rise in cryptocurrency investment fraud losses in 2023. According to their Internet Crime Report, losses jumped to $3.94 billion, a 53% increase compared to 2022.
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This surge highlights the growing problem of criminals exploiting the cryptocurrency market. Scammers lure victims with promises of high returns, resulting in substantial financial losses.
The FBI's report also reveals an overall increase in internet crime complaints and losses. The Internet Crime Complaint Center (IC3) received over 880,400 complaints in 2023, with potential losses exceeding $12.5 billion. Investment fraud, including crypto scams, accounted for the largest portion of losses, rising 38% from 2022.
While crypto scams dominated, the report also details Business Email Compromise (BEC) scams targeting businesses and individuals. The FBI emphasizes using multi-factor authentication to protect against these attacks.
The IC3's efforts to prevent scams are noteworthy. Through the Financial Fraud Kill Chain initiative, they prevented losses in over 3,000 incidents, showcasing the importance of proactive measures.
First Come First Serve 100 USDT Red Pocket Reward For Only 3000 user
The federal Bureau of Investigation (FBI) reported a significant rise in cryptocurrency investment fraud losses in 2023. According to their Internet Crime Report, losses jumped to $3.94 billion, a 53% increase compared to 2022.
Free Binance Reward
This surge highlights the growing problem of criminals exploiting the cryptocurrency market. Scammers lure victims with promises of high returns, resulting in substantial financial losses.
The FBI's report also reveals an overall increase in internet crime complaints and losses. The Internet Crime Complaint Center (IC3) received over 880,400 complaints in 2023, with potential losses exceeding $12.5 billion. Investment fraud, including crypto scams, accounted for the largest portion of losses, rising 38% from 2022.
While crypto scams dominated, the report also details Business Email Compromise (BEC) scams targeting businesses and individuals. The FBI emphasizes using multi-factor authentication to protect against these attacks.
The IC3's efforts to prevent scams are noteworthy. Through the Financial Fraud Kill Chain initiative, they prevented losses in over 3,000 incidents, showcasing the importance of proactive measures.
Hi Guys,
It's Big & Big #alert About Instagram Influencer Jay Mazini !!
Instagram Influencer Jay Mazini Sentenced to 7 Years for $8 Million Fraud Scheme
Jay Mazini purported to be a crypto millionaire mainly targeting the Muslim community through Halal-Capital LLC.
Jabara Igbara, commonly known as “Jay Mazini,” who boasted of being a crypto millionaire on Instagram, has been sentenced to seven years in prison by U.S. District Judge Frederic Block.
The sentence on wire fraud and money laundering charges also mandates Igbara to forfeit $10 million.
Jay Mazini Labelled a “Crypto Con Man”
According to the United States Attorney’s Office, Igbara, 28, carried out multiple fraud schemes and scammed investors of at least $8 million. He pleaded guilty to the charges in November 2022.
United States Attorney Breon Peace stated that Igbara’s prosecution revealed him as a fraudster who used his social media popularity to con investors out of millions of dollars.
Peace added that Igbara targeted his religious community, exploiting their trust to spend and gamble their hard-earned money. The hope is that today’s sentence will deter fraudsters like Igbara from victimizing investors for personal gain, he added.
Internal Revenue Service Criminal Investigation Special Agent-in-Charge Thomas Fattorusso characterized Igbara as a “crypto con man” who created a fake online presence to convince unsuspecting victims to invest in his schemes.
Fattorusso noted that Igbara conned the New York Muslim community out of millions and subsequently spent and gambled the funds away. He emphasized that Igbara’s actions disregarded the victims of his scam, but the sentencing ensures that he will spend years in prison for his criminal acts.
#Write2Earrn #CryptocurrencyAlert #Instagram #Fraud
It's Big & Big #alert About Instagram Influencer Jay Mazini !!
Instagram Influencer Jay Mazini Sentenced to 7 Years for $8 Million Fraud Scheme
Jay Mazini purported to be a crypto millionaire mainly targeting the Muslim community through Halal-Capital LLC.
Jabara Igbara, commonly known as “Jay Mazini,” who boasted of being a crypto millionaire on Instagram, has been sentenced to seven years in prison by U.S. District Judge Frederic Block.
The sentence on wire fraud and money laundering charges also mandates Igbara to forfeit $10 million.
Jay Mazini Labelled a “Crypto Con Man”
According to the United States Attorney’s Office, Igbara, 28, carried out multiple fraud schemes and scammed investors of at least $8 million. He pleaded guilty to the charges in November 2022.
United States Attorney Breon Peace stated that Igbara’s prosecution revealed him as a fraudster who used his social media popularity to con investors out of millions of dollars.
Peace added that Igbara targeted his religious community, exploiting their trust to spend and gamble their hard-earned money. The hope is that today’s sentence will deter fraudsters like Igbara from victimizing investors for personal gain, he added.
Internal Revenue Service Criminal Investigation Special Agent-in-Charge Thomas Fattorusso characterized Igbara as a “crypto con man” who created a fake online presence to convince unsuspecting victims to invest in his schemes.
Fattorusso noted that Igbara conned the New York Muslim community out of millions and subsequently spent and gambled the funds away. He emphasized that Igbara’s actions disregarded the victims of his scam, but the sentencing ensures that he will spend years in prison for his criminal acts.
#Write2Earrn #CryptocurrencyAlert #Instagram #Fraud
SafeMoon's Future in Doubt After Founders' Arrest and SEC Lawsuit
Overview and Background of SafeMoonSafeMoon is a cryptocurrency project that was launched in March 2021. The project aims to provide a "revolutionary tokenomics" that rewards holders with reflections from each transaction. SafeMoon also has a number of other features, such as a burn mechanism and an anti-whale measure.The SafeMoon project has been popular among investors, with the token's price increasing significantly in the early months of its launch. However, the project has also been controversial, with some critics accusing it of being a scam.Charges Against SafeMoon Founders and ExecutivesIn October 2023, the US Department of Justice charged SafeMoon's founders and executives with criminal conspiracy involving fraud and money laundering. The DOJ alleges that the defendants misled investors about the SafeMoon project and used their proceeds to enrich themselves.The arrest of SafeMoon's founders and executives has had a significant impact on the project. The SFM token's price has dropped by 55% since the news broke. It is unclear what the future holds for SafeMoon, but the project is now facing serious challenges.SEC Lawsuit Against SafeMoonIn addition to the criminal charges, the US Securities and Exchange Commission (SEC) has also filed a lawsuit against SafeMoon. The SEC alleges that SafeMoon violated securities laws by selling unregistered securities.The SEC's lawsuit against SafeMoon is significant because it is the first time that the SEC has taken action against a cryptocurrency project for securities law violations. The outcome of the lawsuit could have a major impact on the cryptocurrency industry.My InsightsThe charges against SafeMoon's founders and executives are a major blow to the project. It is likely that the criminal investigation and SEC lawsuit will take months or even years to resolve. In the meantime, the SFM token is likely to remain volatile.It is also unclear whether SafeMoon will be able to recover from the damage that has been done to its reputation. Some investors may be reluctant to invest in SafeMoon given the allegations of fraud and money laundering.The SEC's lawsuit against SafeMoon is also significant. If the SEC is successful, it could set a precedent for the SEC to take action against other cryptocurrency projects for securities law violations. This could have a major impact on the cryptocurrency industry.My QuestionsHow will the criminal investigation and SEC lawsuit affect the future of SafeMoon's development?Will SafeMoon be able to recover from the damage to its reputation?Will the SEC's lawsuit against SafeMoon set a precedent for the SEC to take action against other cryptocurrency projects?#SFM #Sec #Fraud
🚨🚨🚨 JPMorgan Chase Employee Steals $1,800,000 From Customers and Victims of Elaborate Romance Scam: Report
A former JPMorgan Chase employee in Columbus, Ohio is heading to federal prison for stealing thousands of dollars from customers – while emptying people’s pockets in an online romance scam.
Prince Oduro has been sentenced to 8.5 years in prison for money laundering and wire fraud.
#Liveupdate #Fraud #HotTrends
A former JPMorgan Chase employee in Columbus, Ohio is heading to federal prison for stealing thousands of dollars from customers – while emptying people’s pockets in an online romance scam.
Prince Oduro has been sentenced to 8.5 years in prison for money laundering and wire fraud.
#Liveupdate #Fraud #HotTrends
Sam Bankman-Fried Found Guilty on All Charges
Following the highly publicized fraud trial, FTX co-founder Sam Bankman-Fried has been found guilty on all charges. Indeed, following deliberation, the juror issued a guilty verdict on seven charges, meaning the one-time crypto mogul is set to face more than 110 years in prison.The case followed the devastating collapse of FTX, which at one time was one of the strongest brands in the industry. Subsequently, Bankman-Fried and his defense attorneys were unable to prove, without a shadow of a doubt, that he defrauded investors through the exchange.Bankman-Fried Found Guilty on Fraud ChargesThe fall of FTX has been described as one of the largest financial crimes in American history. Indeed, it is certainly the greatest controversy to face the digital asset industry in its history. Now, the man who created and ran the exchange is set to face justice.Following a trial that dominated the news cycle, Sam Bankman-Fried has been found guilty on all seven charges issued against him. The jurors deliberated after closing arguments were issued by both sides on November 1st. Subsequently, they concluded that Bankman-Fried maintained culpability for the company’s downfall.Throughout the trial, Bankman-Fried attempted to convince jurors of his innocence. Specifically, he had continued a defense that began with a media tour following the exchange’s collapse. Bankman-Fried has consistently assured the public that the collapse was a result of his ignorance, not malice. Yet, the jurors seemingly did not believe the defense set forth.Many had predicted that Bankman-Fried would face conviction. Yet, there remained the belief that the overarching dysfunction of the platform as a whole would absolve him of sole responsibility. Conversely, jurors have instead agreed with the prosecution, finding Bankman-Fried guilty.Bankman-Fried sat motionless at the defense table in a grey suit. He was made to stand and face the jury for the reading. He showed no emotion.#FTX's #Fraud #CryptoNews🔒📰🚫
Exposing the $122 Million Tech Fraud: A Shocking Scam That Tricked Google and Facebook
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Between 2013 and 2015, a daring Lithuanian con artist pulled off one of the most remarkable scams in tech history, defrauding Google and Facebook out of a jaw-dropping $122 million. This elaborate scheme involved sending fake invoices from a non-existent company, which both tech giants unwittingly paid without a second thought.
Google was swindled out of $23 million, while Facebook lost an astonishing $99 million. The sheer scale of this fraud reveals significant gaps in the financial security measures of these industry titans, showing that even the most sophisticated companies can be vulnerable to well-executed deceptions.
Despite the magnitude of the scam, it eventually came to light, leading to the con artist receiving a five-year prison sentence. However, this case serves as a critical lesson in the importance of rigorous financial oversight and vigilance, even for the largest and most powerful corporations.
Could such a costly mistake happen again? This story leaves us questioning the potential vulnerabilities that still exist in the digital age. As technology advances, so do the tactics of fraudsters, making it essential for businesses to stay one step ahead.
Stay tuned for more eye-opening insights from the world of technology and finance!
Your support means everything! Please vote for my work here 👇🏻
Click here and vote on my profile
#Write2Earn #Fraud #ScamRiskWarning #PowellAtJacksonHole #MarketDownturn
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Between 2013 and 2015, a daring Lithuanian con artist pulled off one of the most remarkable scams in tech history, defrauding Google and Facebook out of a jaw-dropping $122 million. This elaborate scheme involved sending fake invoices from a non-existent company, which both tech giants unwittingly paid without a second thought.
Google was swindled out of $23 million, while Facebook lost an astonishing $99 million. The sheer scale of this fraud reveals significant gaps in the financial security measures of these industry titans, showing that even the most sophisticated companies can be vulnerable to well-executed deceptions.
Despite the magnitude of the scam, it eventually came to light, leading to the con artist receiving a five-year prison sentence. However, this case serves as a critical lesson in the importance of rigorous financial oversight and vigilance, even for the largest and most powerful corporations.
Could such a costly mistake happen again? This story leaves us questioning the potential vulnerabilities that still exist in the digital age. As technology advances, so do the tactics of fraudsters, making it essential for businesses to stay one step ahead.
Stay tuned for more eye-opening insights from the world of technology and finance!
Your support means everything! Please vote for my work here 👇🏻
Click here and vote on my profile
#Write2Earn #Fraud #ScamRiskWarning #PowellAtJacksonHole #MarketDownturn
Today, on #August 3, the #match_systems team participated in an important seminar meeting dedicated to Internet #Fraud investigations, as well as interactions with prosecutors, courts, and #banks
At this meeting, we discussed the organization of criminal case management related to #crypto assets:
1. Documenting the facts of illegal activity.
2. Searching for stolen assets to block and recover them.
3. Identification of new episodes and victims.
At this meeting, we discussed the organization of criminal case management related to #crypto assets:
1. Documenting the facts of illegal activity.
2. Searching for stolen assets to block and recover them.
3. Identification of new episodes and victims.
LIVE
BitEagle News
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SEC Charges SafeMoon Crypto Token & Its Executives with Fraud 🇺🇸
The United States Securities and Exchange Commission (SEC) has filed charges against SafeMoon, a popular but controversial crypto token, along with its executives. This move marks a significant step by regulatory authorities in addressing fraudulent activities within the digital asset space. Let's dive into the details of the case and explore the implications of the SEC's actions.The SafeMoon Saga:SafeMoon, a cryptocurrency that gained considerable attention in the crypto community, has been surrounded by controversy since its inception. Promoted as a "community-driven" token with innovative tokenomics, it garnered a significant following. However, concerns were raised about its transparency, safety, and the conduct of its leadership.SEC Charges:The SEC alleges that SafeMoon and its executives engaged in fraudulent activities by making false and misleading statements to investors. These statements concerned the token's features, potential returns, and the qualifications of the team behind it. Such practices, if proven true, violate securities laws and can harm retail investors.Implications for the Cryptocurrency Industry:1. Regulatory Scrutiny: The SEC's charges against SafeMoon send a clear signal that regulatory authorities are closely monitoring the crypto space. As the industry grows, regulatory scrutiny is intensifying, making it essential for crypto projects to comply with legal and ethical standards.2. Investor Protection: The action against SafeMoon is a move to protect investors from potential fraud and scams. It underscores the importance of conducting thorough due diligence before investing in any crypto asset and being cautious of overly optimistic claims.3. Market Confidence: Regulatory intervention in cases of fraud or misconduct can contribute to restoring confidence in the broader cryptocurrency market. As the crypto space matures, establishing trust is crucial for its sustainability and growth.4. Transparency and Accountability: The case highlights the need for transparency and accountability within crypto projects. To thrive in a regulated environment, crypto teams must be forthcoming about their intentions, business models, and qualifications.The SEC's charges against SafeMoon and its executives are a significant development in the cryptocurrency industry. While the case is ongoing, it serves as a reminder of the importance of responsible and lawful conduct within the crypto space. Investors are urged to exercise caution, conduct thorough research, and be vigilant against potential scams and fraudulent schemes in the digital asset market. As regulatory authorities continue to address malpractices, the industry is poised for increased maturity and credibility. 🇺🇸🚀📊#Safemoon #SEC #Fraud
🚨🚨 Big scam , Lost over 50k usdt 🚨🚨
A big scam has recently came to light where scammers used crypto to loot over 50k usdt ( Or 40 lakh+ inr) from commenors.
reported by Toi some users recieved messages on social media About a video liking job on yt ( even my sister recieved ) The person who did was credited ( In order to bait ) and was directed to be a crypto advisor On differnt apps and then Made to deposit funds in order to recive ‘Virtual assets’.
Many persons did this and have suffered losses whose collective amount stand above 50k usdt.
Please beware of such scams and don’t reply to everyone on social media.
do you think these people were too fool to be scammed in this way ?
#ScamAlert #Fraud
A big scam has recently came to light where scammers used crypto to loot over 50k usdt ( Or 40 lakh+ inr) from commenors.
reported by Toi some users recieved messages on social media About a video liking job on yt ( even my sister recieved ) The person who did was credited ( In order to bait ) and was directed to be a crypto advisor On differnt apps and then Made to deposit funds in order to recive ‘Virtual assets’.
Many persons did this and have suffered losses whose collective amount stand above 50k usdt.
Please beware of such scams and don’t reply to everyone on social media.
do you think these people were too fool to be scammed in this way ?
#ScamAlert #Fraud
Bitcoin is increasingly being utilized for illicit activities such as money laundering and unregulated fund transfers. For example, in China, individuals exchange assets for Bitcoin and sell them abroad for US dollars, evading banking regulations and moving funds undetected. This virtual currency poses a serious threat to our financial system, as criminals exploit its anonymity and lack of traceability to carry out illegal operations, disregarding the interests of the nation and its citizens.
Furthermore, Bitcoin's extreme price volatility and lack of intrinsic value often lead to reckless investments. Many individuals, enticed by the promise of high returns, end up losing their savings, causing significant economic losses and societal instability. Our country is committed to enhancing financial oversight and cracking down on illegal financial activities. We must remain alert to the risks and dangers posed by Bitcoin and prevent it from becoming a tool for personal gain at the expense of national interests.
Ordinary citizens should be cautious and avoid being lured by promises of high returns. Investments should be made through legitimate channels, selecting projects that are secure, legal, and compliant. Ensuring the country's financial security is a shared responsibility. We must work together to protect our economic environment by resisting the use of illegal financial tools like Bitcoin.
#Write2Earn! #BinanceTurns7 #altcoins #BullBanter #Fraud
Furthermore, Bitcoin's extreme price volatility and lack of intrinsic value often lead to reckless investments. Many individuals, enticed by the promise of high returns, end up losing their savings, causing significant economic losses and societal instability. Our country is committed to enhancing financial oversight and cracking down on illegal financial activities. We must remain alert to the risks and dangers posed by Bitcoin and prevent it from becoming a tool for personal gain at the expense of national interests.
Ordinary citizens should be cautious and avoid being lured by promises of high returns. Investments should be made through legitimate channels, selecting projects that are secure, legal, and compliant. Ensuring the country's financial security is a shared responsibility. We must work together to protect our economic environment by resisting the use of illegal financial tools like Bitcoin.
#Write2Earn! #BinanceTurns7 #altcoins #BullBanter #Fraud
🚨🚨🚨 Breaking News: Tether Under the Spotlight! 💰
Hold onto your crypto hats! The #UN just released a bombshell report, exposing Tether ($USDT ) as the go-to tool for money launderers. 😱💸 According to the UN Office on Drogs and Crime, Tether finds itself at the epicenter of a burgeoning fraud industry. Who would've thought? 🕵️♂️
Romance and Ransoms? 💔💰
The UN report reveals shady "pig-killing schemes." 🐷🔪 Scammers create false romantic ties to gain trust, only to pull off heart-wrenching crypto heists. Talk about a blockchain heartbreak!
Tether Talk: Fraud Epicenter! 🌐🕵️♀️
Brace yourselves—Tether is now the VIP guest at the money laundering party. It's like the popular kid everyone wants to be associated with, but for all the wrong reasons. 🤦♂️
Like, Share, Comment! 👍🔄💬
Enjoying this crypto rollercoaster? Show some love! Like, share, and drop your thoughts. Let's build a community of savvy crypto enthusiasts! 🚀
Disclaimer: Stay Woke! ⚠️
Crypto is wild, and the ride can get bumpy. Always do your research and stay informed. We're in this together! 🤝
Thanks for joining the crypto rollercoaster! 🚀 Stay tuned for more mind-blowing updates.
Until next time, happy hodling! 🌙💎 #CryptoGossip #TetherTroubles #UNAlert #usdt #Fraud 🚀📉
Hold onto your crypto hats! The #UN just released a bombshell report, exposing Tether ($USDT ) as the go-to tool for money launderers. 😱💸 According to the UN Office on Drogs and Crime, Tether finds itself at the epicenter of a burgeoning fraud industry. Who would've thought? 🕵️♂️
Romance and Ransoms? 💔💰
The UN report reveals shady "pig-killing schemes." 🐷🔪 Scammers create false romantic ties to gain trust, only to pull off heart-wrenching crypto heists. Talk about a blockchain heartbreak!
Tether Talk: Fraud Epicenter! 🌐🕵️♀️
Brace yourselves—Tether is now the VIP guest at the money laundering party. It's like the popular kid everyone wants to be associated with, but for all the wrong reasons. 🤦♂️
Like, Share, Comment! 👍🔄💬
Enjoying this crypto rollercoaster? Show some love! Like, share, and drop your thoughts. Let's build a community of savvy crypto enthusiasts! 🚀
Disclaimer: Stay Woke! ⚠️
Crypto is wild, and the ride can get bumpy. Always do your research and stay informed. We're in this together! 🤝
Thanks for joining the crypto rollercoaster! 🚀 Stay tuned for more mind-blowing updates.
Until next time, happy hodling! 🌙💎 #CryptoGossip #TetherTroubles #UNAlert #usdt #Fraud 🚀📉
Ex-FTX Exec Ryan Salame Fights for Reduced Jail Sentenced in Fraud Case
Following the legal troubles of FTX founder Sam Bankman Fried, all eyes are now on Ryan Salame, the former executive, as he stands on the brink of sentencing. Salame, who once led FTX Digital Markets, a now-defunct arm of FTX Ltd, faces a possible 18-month prison term over alleged fraudulent activities connected to FTX in the Bahamas.
Despite the looming sentencing, Salame’s legal team is fighting hard, arguing for leniency by stressing his purported limited involvement in the major fraud case.
Allegations Against Salame
Once a key figure within FTX and its sibling company, Alameda Research, Salame is accused of managing wire deposits and currency conversions, supposedly central to the FTX fraud scandal.
While officially heading FTX Digital Markets, Salame allegedly directed political contributions using Alameda’s funds and led charitable initiatives in the Bahamas. However, his defense claims that his role was minor in the core fraudulent activities that rocked FTX.
#FTXTrial #PEPEATH #Fraud
$ADA $SHIB $FLOKI
Following the legal troubles of FTX founder Sam Bankman Fried, all eyes are now on Ryan Salame, the former executive, as he stands on the brink of sentencing. Salame, who once led FTX Digital Markets, a now-defunct arm of FTX Ltd, faces a possible 18-month prison term over alleged fraudulent activities connected to FTX in the Bahamas.
Despite the looming sentencing, Salame’s legal team is fighting hard, arguing for leniency by stressing his purported limited involvement in the major fraud case.
Allegations Against Salame
Once a key figure within FTX and its sibling company, Alameda Research, Salame is accused of managing wire deposits and currency conversions, supposedly central to the FTX fraud scandal.
While officially heading FTX Digital Markets, Salame allegedly directed political contributions using Alameda’s funds and led charitable initiatives in the Bahamas. However, his defense claims that his role was minor in the core fraudulent activities that rocked FTX.
#FTXTrial #PEPEATH #Fraud
$ADA $SHIB $FLOKI
Ponzi Scheme ALERT! 🚨
Atlanta businessman, Russell Todd Burkhalter, and his company, Drive Planning, are accused of running a massive $300 million Ponzi scheme! 🤯 They allegedly lured investors with promises of high real estate returns but used the money to fund a lavish lifestyle, including a $3.1 million yacht! 🛥️
The SEC has stepped in to protect investors, freezing assets and appointing a receiver. This is a stark reminder to always be cautious and do your research before investing. #PonziScheme #SecGov #InvestorAlert #Financial #Fraud #InvestWisely
Don't fall victim to get-rich-quick schemes! Your hard-earned money deserves better. 💰
Atlanta businessman, Russell Todd Burkhalter, and his company, Drive Planning, are accused of running a massive $300 million Ponzi scheme! 🤯 They allegedly lured investors with promises of high real estate returns but used the money to fund a lavish lifestyle, including a $3.1 million yacht! 🛥️
The SEC has stepped in to protect investors, freezing assets and appointing a receiver. This is a stark reminder to always be cautious and do your research before investing. #PonziScheme #SecGov #InvestorAlert #Financial #Fraud #InvestWisely
Don't fall victim to get-rich-quick schemes! Your hard-earned money deserves better. 💰
BRAKING NEWS ALERT 🚨⚠️🚨
🛑🛑🛑 Delhi Police Arrest 7 in Crypto Fraud
Delhi police have apprehended seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising lucrative returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, were involved in creating fictitious bank accounts and selling them to other fraudsters.
Deputy Commissioner of Police Hemant Tiwari revealed that the victim was enticed into joining a messaging group for stock tips and subsequently transferred ₹91 lakh across 19 different accounts. When he realized he had been scammed, he reported the incident to the police. During the investigation, the police identified and froze a suspicious account holding ₹46 lakh.
The fraudsters attempted to unfreeze the account by sending a fake email impersonating an investigative officer. However, technical analysis led to the identification and arrest of the suspects. So far, the police have recovered ₹5.5 lakh, with further investigations continuing to retrieve the remaining funds.
#Fraud #scamriskwarning #BullBanter #Write2Earn! #BinanceTurns7
🛑🛑🛑 Delhi Police Arrest 7 in Crypto Fraud
Delhi police have apprehended seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising lucrative returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, were involved in creating fictitious bank accounts and selling them to other fraudsters.
Deputy Commissioner of Police Hemant Tiwari revealed that the victim was enticed into joining a messaging group for stock tips and subsequently transferred ₹91 lakh across 19 different accounts. When he realized he had been scammed, he reported the incident to the police. During the investigation, the police identified and froze a suspicious account holding ₹46 lakh.
The fraudsters attempted to unfreeze the account by sending a fake email impersonating an investigative officer. However, technical analysis led to the identification and arrest of the suspects. So far, the police have recovered ₹5.5 lakh, with further investigations continuing to retrieve the remaining funds.
#Fraud #scamriskwarning #BullBanter #Write2Earn! #BinanceTurns7
💵~~> 💵💵 || 💰~~>💰💰
I just 2x DOUBLED 2x all my Crypto, here is how you can do it too. It’s easy and fast… 🚨
…read more
Sadly, a friend recently fell victim to this. He sent 0.1$BTC to an address, lured by the promise of receiving 0.2$BTC in return. But he never received anything back.
I want to alert you to a scam that's been making the rounds: the "Double Your Crypto" scheme. The scam works like this: You receive a message or see a social media post promising that if you send a small amount of cryptocurrency to a specific address, you'll get double the amount back. The scammers often justify this by claiming they're part of a promotional event, a giveaway or simply that they need to mix crypto transactions.
🛑 How to Avoid Falling for Such Scams:
1. Remember the Golden Rule: If it sounds too good to be true, it probably is.
2. Understand Scammer Tactics: Scammers often use the guise of fake promotions or giveaways to appear legitimate.
3. Never Send Crypto to Unknown Wallets: Legit giveaways don’t ask you to send your crypto first.
4. Research Thoroughly: Always verify the credibility of the source.
5. Stick to Trusted Platforms: Use well-known and reputable platforms for crypto transactions.
Awareness is key! Let's protect ourselves and our community by staying informed and cautious.
💬 Help and reshare this message.
…follow me to get more hints!
Stay safe!
#SAFU🙏 #scam #SCAMalerts #Fraud
I just 2x DOUBLED 2x all my Crypto, here is how you can do it too. It’s easy and fast… 🚨
…read more
Sadly, a friend recently fell victim to this. He sent 0.1$BTC to an address, lured by the promise of receiving 0.2$BTC in return. But he never received anything back.
I want to alert you to a scam that's been making the rounds: the "Double Your Crypto" scheme. The scam works like this: You receive a message or see a social media post promising that if you send a small amount of cryptocurrency to a specific address, you'll get double the amount back. The scammers often justify this by claiming they're part of a promotional event, a giveaway or simply that they need to mix crypto transactions.
🛑 How to Avoid Falling for Such Scams:
1. Remember the Golden Rule: If it sounds too good to be true, it probably is.
2. Understand Scammer Tactics: Scammers often use the guise of fake promotions or giveaways to appear legitimate.
3. Never Send Crypto to Unknown Wallets: Legit giveaways don’t ask you to send your crypto first.
4. Research Thoroughly: Always verify the credibility of the source.
5. Stick to Trusted Platforms: Use well-known and reputable platforms for crypto transactions.
Awareness is key! Let's protect ourselves and our community by staying informed and cautious.
💬 Help and reshare this message.
…follow me to get more hints!
Stay safe!
#SAFU🙏 #scam #SCAMalerts #Fraud
🔴🔴🔴 IMPORTANT NEWS ALERT
The US Supreme Court has issued a ruling that prevents the SEC from utilizing internal judges for fraud cases! ⚖️
#Fraud_alert #Fraud #Write2Earn! #altcoins #BinanceTournament
The US Supreme Court has issued a ruling that prevents the SEC from utilizing internal judges for fraud cases! ⚖️
#Fraud_alert #Fraud #Write2Earn! #altcoins #BinanceTournament
A man previously accused of lying to customers about their cryptocurrency investments and instead used their funds for services and luxury items etc. for himself, was now ordered to pay $36 million dollars in penalties, the majority of the fines will be going to investors.
Judge Vince Chhabria of the U.S. District Court for the Northern District of California ordered William Koo Ichioka 30, to pay $31 million to his victims on Friday 20 Sept.
Ichioka used investors’ money to pay for rent, restaurants, bars, taxi rides, gym memberships and luxury vehicles, to name but a few, according to the Court order.
#Fraud
#BinanceSquareFamily
Judge Vince Chhabria of the U.S. District Court for the Northern District of California ordered William Koo Ichioka 30, to pay $31 million to his victims on Friday 20 Sept.
Ichioka used investors’ money to pay for rent, restaurants, bars, taxi rides, gym memberships and luxury vehicles, to name but a few, according to the Court order.
#Fraud
#BinanceSquareFamily