Tag: Crypto Scam
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Financial Adviser Banned for 10 Years Over $9.6M Crypto Scam in Australia
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Australia’s financial watchdog has handed down a decade-long ban to a financial adviser accused of misleading her clients and funnelling millions into a crypto scam. The case highlights growing concerns around crypto-related frauds and the nation’s efforts to tighten rules and improve consumer protection in the digital asset space. Adviser Accused of Crypto Scam The…
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US Sanctions Filipino Tech Firm Over Role in Crypto Scam Network
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The United States Treasury Department has imposed strict sanctions on a Philippines-based technology company, Funnull Technology, and its alleged administrator, Chinese national Liu Lizhi. According to the Treasury’s Office of Foreign Assets Control (OFAC), Funnull is a critical enabler of a massive global crypto scam network responsible for over $200 million in losses. The network…