Stolen computing power used to illegally mine crypto
Investors were misled about the use of a new cryptoasset, U.S. authorities alleged
Scheme allegedly promised high returns from AI-powered trading bots
Founder allegedly falsified financials, audits, cap tables, to dupe investors
Bank provided services to money launderers, regulator alleged
New anti-money laundering authority highlights risks posed by crypto
Paper argues that stablecoins need bespoke rules to address their novel risks
Online bank had inadequate KYC, risk assessment during rapid growth
Scheme exploited information about companies picked up at fund management job
Scheme exploited trading credits offered by brokerage firms