ADVERTISEMENT
Fraud, Scams & Cybercrime
Reporting on fraud schemes, cyber attacks targeting financial systems, regulatory responses, and advancements in fraud prevention technologies.
Fraud, Scams & Cybercrime
Google Sues Crypto Scammers Over Fraudulent Apps
By Nithya Subramanian | 09/04/2024
Google said it is the first tech company to take action against crypto scammers, and that it is doing so as a way to establish legal protections for users.
Fraud, Scams & Cybercrime
US Jury Finds Terraform Labs, Do Kwon Liable for Fraud
By Editors | 06/04/2024
Terraform Labs and founder Do Kwon deceived investors about its algorithmic stablecoin UST, a jury found after a nine-day trial.
Fraud, Scams & Cybercrime
US Court Jails Bulgarian National Over “OneCoin” Fraud
By Editors | 06/04/2024
Irina Dilkinska assisted in running OneCoin’s day-to-day operations and laundered fraudulently obtained proceeds to the Cayman Islands.
Fraud, Scams & Cybercrime
Korea Probe Targets KRX, Brokers Over Suspected IPO Fraud
By Editors | 03/04/2024
The FSS conducted a search and seizure operation at NH Investment & Securities, Korea Investment & Securities and KRX last month.
Supervision & Enforcement
Hong Kong Insurance Authority Signs Collaboration MoU with HKPF
By Sanday Chongo Kabange | 03/04/2024
The Insurance Authority and Hong Kong Police Force will collaborate on case referrals, joint investigations and capacity building.
Fraud, Scams & Cybercrime
HK Court Jails Former AXA Agents for Fraud, Money Laundering
By Sanday Chongo Kabange | 01/04/2024
The three former AXA insurance agents were sentenced for defrauding AXA of commissions and bonuses and for laundering the proceeds.
Fraud, Scams & Cybercrime
Korea FSS to Seek Out and Expel ‘Zombie Companies’ from Market
By Editors | 01/04/2024
The FSS says companies that use false capital injections and accounting fraud to avoid delisting are impeding the financing of productive companies.
PEPs & Sanctions
Russia Blocks UNSC Resolution to Extend Mandate of DPRK Expert Panel
By Editors | 31/03/2024
The Russian veto will force the panel of experts to disband at the end of April, though the UNSC sanctions against North Korea will remain in place.
Fraud, Scams & Cybercrime
FTX Founder Sam Bankman-Fried Sentenced to 25 Years
By Editors | 31/03/2024
The judge also ordered the forfeiture of more than $11bn for properties and assets Bankman-Fried bought with customer funds.
Cryptocurrency
Taiwan Approves Establishment of Local Crypto Industry Association
By Mark Johnston | 29/03/2024
The association will be responsible for formulating industry norms, advocating compliant operations, and improving industry self-discipline.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.