Securities fraud

The Securities and Exchange Commission filed charges against the founder and three U.S. promoters of Trade Coin Club, alleging the crypto-trading membership club operated as a Ponzi scheme that raised 82,000…

Deutsche Bank on Wednesday crushed market expectations for the third quarter, amid higher interest rates and turbulent market trading.The bank reported a net income of 1.115 billion euros ($1.11 billion) for the quarter. Analysts had…

Russian paramilitary groups are raising funds in cryptocurrency using messaging app Telegram, according to research published by TRM Labs.Matt Cardy | Getty Images News | Getty ImagesPro-Russian groups are raising funds in cryptocurrency…

Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors' crypto when a platform fails.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesThe FBI recently issued a warning to consumers…

A woman is reflected in a puddle as she passes a Bank of America branch in New York's Times Square.Brendan McDermid | ReutersFederal regulators fined Bank of America $225 million for "botching the disbursement of state unemployment…

A precious metals dealer who recently went on the lam after being convicted in a $30 million Ponzi scheme involving gold and silver bars, has been sentenced to 11 years in federal prison. Bernard Ross Hansen, 61,…

Deutsche Bank reported Wednesday its seventh consecutive quarterly profit, but warned that the current environment is "challenging" and "cost pressures have intensified."The German lender said net profit reached 1.06 billion euros ($1.13…

It’s a fascinating time for those who have been following the rise and fall of Theranos, a now-discredited blood-testing startup founded by Elizabeth Holmes.Opening arguments are scheduled to begin for the criminal fraud trial of Ramesh…

Britain's Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022.Daniel Leal | AFP | Getty ImagesLONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market,…

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