BTC Global | FinTelegram News

Tag: BTC Global

May 29, 2018

A MYSTERIOUS US$ 80 MILLION BITCOIN SCAM INVESTIGATED IN SOUTH AFRICA

BitCaw – a South African crypto-scamAs reported by Reuters, South African authorities are investigating a company called BTC Global, which told potential investors via its..

Startup on Trial: Charlie Javice and the Frank Fraud – When Fake Users Fueled a $175 Million Acquisition

Charlie Javice, once hailed as a “female fintech prodigy,” now stands convicted of engineering one of the boldest startup frauds in recent history. Her student finance platform, Frank, was acquired by JPMorgan Chase for $175 million in 2021. What seemed like a triumphant exit turned out to be a carefully orchestrated lie — built on fake user data, fabricated customer lists, and manipulated metrics.

Startup on Trial: Alex Mashinsky Sentenced to 12 Years for Orchestrating Celsius Network FraudPC Gamer+5bloomberg.com+5Coindoo+5

In an expected decision underscoring the perils of unchecked ambition in the crypto industry, Alex Mashinsky, founder and former CEO of Celsius Network, has been sentenced to 12 years in federal prison. This sentencing follows his December 2024 guilty plea to securities and commodities fraud charges. Mashinsky was one of the crypto high-flyers in the crypto bull run 2020/21.

Investor Briefing: FinTelegram Confirms Negative Outlook For Alphabet (GOOGL)!

Alphabet Inc., the parent of Google, is under existential pressure for the first time in decades. With search traffic declining on key platforms like Apple Safari, a DOJ antitrust trial in full swing, and AI-powered rivals like ChatGPT and Perplexity eating into its moat, Alphabet's dominance is no longer a given. A recent 9% drop in its stock price — erasing $250B in market cap — signals market fear that the age of Google-as-default may be ending.

Legal Analysis: Landmark Ruling Against Moorwand Ltd in APP Fraud Case

The recent High Court ruling in the UK against Moorwand Ltd marks a watershed moment in the fight against authorised push payment (APP) fraud in the UK. The judgment held the FCA-regulated e-money institution liable for failing to prevent fraudulent transfers, reinforcing the application of the Quincecare duty to modern payment service providers.

DeFi Drama in the Dock – SafeMoon CEO John Karony on Trial for Massive Investor Fraud!

The sensational federal trial of SafeMoon CEO Braden John Karony kicked off in Brooklyn, promising to be one of the most explosive DeFi crime showdowns of the year. Karony stands accused of masterminding a multimillion-dollar scheme under the guise of a “decentralized” finance token that defrauded over a million investors. Former CTO Thomas Smith turned on him, founder Kyle Nagy reportedly hides in Russia.