Financial Crime
Covering news and insights on fraud, money laundering, cybercrime, scams, online investment fraud, online broker fraud, insider trading, and other forms of financial misconduct, along with efforts to combat and prevent financial crime.
On-chain investigator ZachXBT has reignited debate in the crypto community after branding XRP and several other major tokens as “exit liquidity” for insiders. In a post on X (formerly Twitter)…
Financial Crime
FBI alerts users to fake Tron phishing scam targeting crypto wallets
Fake Tron (TRX) tokens are being used in a brand new phishing scam that has prompted the Federal Bureau of…
How lenders missed red flags on MFS’s ‘refinancing merry-go-round’
In 2019, two small funds were running the usual checks before investing in a fledgling mortgage lender registered to an…
Creditors of collapsed MFS claim £1.3bn shortfall
Stay informed with free updatesSimply sign up to the Financial services myFT Digest -- delivered directly to your inbox.Creditors to…
Western Alliance sues Jefferies over loans linked to First Brands
Stay informed with free updatesSimply sign up to the US banks myFT Digest -- delivered directly to your inbox.Western Alliance…
As digital scams surge, who’s responsible?
The surge in scams, phishing attacks and digital fraud is raising serious liability questions. So who should be doing more?…
First Brands creditors claim ‘two-man’ firm enabled founder’s brother’s fee windfall
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The brother…
Wall Street expert reveals why Bitcoin price is crashing
Whenever Wall Street experts discuss Bitcoin (BTC), they tend to go one of two ways: either they forecast unimaginable future…
Stocks to watch after the NBA’s betting scandal
The sports industry is in a state of shock following the arrest of more than 30 people involved with the…
U.S. crypto holder loses $3 million in XRP after wallet compromise
A U.S. retail cryptocurrency investor has lost over $3 million worth of XRP after accidentally exposing their funds through a…
