Tagged Crypto Fraud

GemCoin Founder Sentenced to Ten Years for Crypto Fraud On Jan. 11, a California court sentenced Steve Chen, the founder of Gemcoin, for defrauding tens of thousands of investors. Chen was responsible for d...

U.S. Securities and Exchange Commission seeks an emergency freeze order of $25 million in digital assets controlled by a crypto hedge fund. This is after the regulator filed a fraud case against the Virgil Capi...

Cred is a decentralized lending platform based in San Francisco, California. It facilitates open access to credit based on Ethereum. It was founded by Dan Schatt and Lu Hua in 2017.  On Nov. 7, the company ...