One of my friends just sent me an interesting article all about trust, fraud and cryptocurrency so, as a Christmas present, I wanted to share it with you. Here goes … With the digital revolution, crypto has become a global financial phenomenon. Blockchain technology has changed how we make transactions, interact with clients, and use … Read more
The U.S. government put the clamps on a notorious underground market for stolen personal information. The Department of Justice said it arrested three people and seized the domain of Rydox, a dark market site that traded in the personal details of thousands of individuals. “The Rydox marketplace was a one-stop shop where upwards of 18,000 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s Nomura said profits more than doubled in its latest quarter, to their highest point in four years, a day after the bank’s chief executive took a pay cut as he accepted accountability for a … Read more
What caught my eye this week. I belatedly enjoyed Dumb Money on Netflix this week. Finumus put me onto it as a chaser to the story in my Active Antics links below about the Canadian who made and lost $300m trading Tesla options. Dumb Money is hilarious (whereas that second story is almost tragic) but … Read more
A large-scale fraud campaign leveraged fake trading apps published on the Apple App Store and Google Play Store, as well as phishing sites, to defraud victims, per findings from Group-IB. The campaign is part of a consumer investment fraud scheme that’s also widely known as pig butchering, in which prospective victims are lured into making … Read more
