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Tag: fraud

The Future of Banking: Beyond Products, Towards Experiences

The financial industry is undergoing a significant transformation. Banks are evolving from mere repositories of money and providers of loans and investments into facilitators...

The Hunt is On for AI Synergies in Private Equity Portfolio Companies

It’s not news that private equity firms act as technology strategists and guides to foster synergies between the companies in their portfolio. In 2024,...

Is It Wise for E-Commerce Stores to Accept Crypto As Payment?

. . . Everyone is aware of crypto these days. Once obscure, these digital assets are rapidly integrating into the mainstream, particularly in the realm...

IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes

. . . As the tax season draws to a conclusion, the Internal Revenue Service (IRS) of the United States is getting ready for the...

Bank Reconciliation Statement: Definition, Purpose & Process

What is a Bank Reconciliation StatementBank reconciliation is the process that ensures that a company's recorded cash balances align with the funds in their...

How Debanking Threatens Both Businesses and Banks

When Nigel Farage’s bank accounts with Coutts were closed it threw the spotlight on an issue that has affected others for years – debanking....

Bitcoin scams, hacks and heists – and how to avoid them

Scams Here’s how cybercriminals target cryptocurrencies and how you can keep your bitcoin...

Hong Kong Greenlights Spot Bitcoin and Ethereum ETFs as Crypto Market Bounces

The week started on a strong note, with Bitcoin rising above $66,000, a 3.02% increase over the past day owing to Hong Kong’s ETF...

Bitrace Trains Hong Kong Police on Crypto Crime Investigation

With increasing cryptocurrency-related crimes in Hong Kong, Bitrace has ramped up its efforts to tackle the problem. The prominent data analysis company has reportedly conducted...

Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement

A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized...

Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data

Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting...

Eisenberg Researched ‘Fraud’ Online Prior To $110 Million Mango Markets Trading Scheme – CryptoInfoNet

During the criminal proceedings, it was revealed that the individual accused of embezzling $110 million from the Mango Markets crypto platform conducted searches for...

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