Ben | FinTelegram News

Author: Ben

November 19, 2019

Yossi Herzog and Kobi Cohen – Wanted for masterminding scam broker schemes across 3 continents

The Israeli Yossi Herzog, who apparently lives in Mauritius, and his Israeli apprentice Kobi Cohen certainly had a better life already. They currently being charged..

November 18, 2019

OneCoin Trial – The Shakespearean drama around a cryptoqueen, betrayal, fraud, money laundering, and greed

The investigations of the U.S. authorities around the indictment in the Bulgarian Crypto-Scam OneCoin develops into a Shakespeare drama around the cryptoqueen Ruja Ignatova, her..

November 12, 2019

Founder of crypto startup Komodore64 arrested by Dutch police

According to reports of internet news portals CoinTelegram and Sprout, the Dutch police have arrested the founder of blockchain game development startup Komodore64. The crypto..

November 11, 2019

U.S. Prosecutors charges 15 more perpetrators in the $140 mio Yukom binary options fraud scheme

Fifteen individuals, including two former company owners, were charged in a superseding indictment unsealed on Nov 8, 2019, the U.S. Department of Justice announced. They..

November 8, 2019

FinTelegram Series “Growth Wonder FinTech” – Exploring the relationship between scams and the fintech’s 3-Wise Monkey Strategy

Question: Is it conceivable that the hype of the FinTech startups over the last 10 years is not linked to the hype of the Broker..

FinTelegram

November 7, 2019

Announcement – FinTelegram Balkans launched to cover the emerging financial markets (and scam hubs)

The FinTelegram team is pleased to announce the opening of FinTelegram Balkans. Over the last couple of weeks, we have worked intensively with partners in..

November 3, 2019

Gal Barak Extradition – Former Serbian supporters and employees deliver evidence for fraud and money laundering

The thriller about the extradition of the Israeli scammer Gal Barak from Bulgarian to Austria continues. Uwe Lenhoff, one of Barak’s partners, has been in..

October 25, 2019

The Gal Barak Case – Looking for the co-conspirators

The fight for the extradition of Gal Barak to Austria between the authorities in Bulgaria and the responsible investigating authorities in Austria has already lasted..

October 24, 2019

EFRI launches EU Petition to fight Cybercrime and Investment Scams

The European Funds Recovery Initiative (www.EFRI.io) was launched in January 2019 as a cooperation between media, accountants, and lawyers with the target to fight scammers..

October 23, 2019

Whitelisting to fight Black Knights and Scammers

FinTelegram has started to create a whitelist to control access to our website and reports. We had to take this action because we are increasingly..

October 21, 2019

FinTelegram and DDoS Attacks – Update

We honestly apologize to our readers for the inconvenience of the last weeks. The many DDoS attack waves have led to FinTelegram sites often not..

October 17, 2019

CFTC filed enforcement action against binary options and crypto scheme Circle Society and its operators

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action charging David Gilbert Saffron of Las Vegas, Nevada, and Circle..

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.