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₹5.2 crore gone in a click: Bengaluru man conned by online fraudsters via WhatsApp

A Bengaluru businessman, new to stock market trading, lost a staggering โ‚น5.2 crore in an online scam. He fell prey to cybercriminals who convinced him to download a fraudulent mobile app promising high returns via WhatsApp.
Score Financial Online Fraud Stock Market Fraud Online Stock Market Fraud Stock Market Trading Fraud Online Stock Investment Frauds

New Complaint – Damian as Receiver of Today's Growth Consultant, Inc. v. Core Financial Outsourcing of Chicago, LLC | McGuireWoods LLP

On August 31, 2022, Plaintiff Melanie E. Damian, in her capacity as the Court-Appointed Receiver for Todayโ€™s Growth Consultant, Inc. d/b/a The Income Store (โ€œTGCโ€) (the โ€œReceiverโ€)...
United States Melaniee Damian Kennethd Courtright Exchange Commission Income Store Receiver For Today Growth Consultant Inc

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Crypto-Assets And Decentralized Finance Through A Financial Stability Lens: Federal Reserve Vice Chair Lael Brainard At Bank Of England Conference, London, United Kingdom

<p><span>Recent volatility has exposed serious vulnerabilities in the crypto financial system.</span><a title="footnote 1" href="https://www.federalreserve.gov/newsevents/speech/brainard20220708a.htm#fn1"><span>1</span></a><a name="f1"></a><span> While touted as a fundamental break from traditional finance, the crypto financial system turns out to be susceptible to the same risks that are all too f...
United States Lorenz Breidenbach Iddo Bentov Alfred Lehar Jose Mar Yunqi Li

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