Page 40 - Cyber Unit News Today

Cryptocurrency firm Forsage used technology undreamt of when Charles Ponzi was ripping off investors in the 1920s but regulators say the basic idea was the same: A scam in which...

It’s been a rough week for crypto, from cross-chain bridge hacks draining hundreds of millions of dollars to the SEC coming after crypto Ponzi schemes.

This year had already seen an uptick in federal enforcement activity focused on digital assets with the expansion of the SEC’s Crypto Assets and Cyber Unit (see our prior client alert...

Forsage breached anti-fraud and registration provisions by accruing $300 million through a “fraudulent crypto pyramid scheme,” according to the SEC.

Will the Inflation Reduction Act of 2022 reduce inflation? Maybe, but only a little. And certainly not in 2022.

Smart contract platform Forsage is actually just a regular ol pyramid scheme, according to the agency..

Millions of investors in the U.S. and elsewhere were duped by promises of big profits, according to regulators.

Popular Ethereum dApp Forsage is the latest crypto project to find itself in the crosshairs of U.S. regulators for alleged fraud

Yet another cryptocurrency operation has been accused of scamming its customers. This time, the US Securities and Exchange Commission alleges that crypto trading platform Forsage.io has been

A defendant known as Lola Ferrari was among those who created Forsage, a website used to bilk millions of dollars from crypto investors, the SEC said.