How ‘Price Gouging’ Face Masks Can Help Fight Coronavirus

Authorities are cracking down on sellers for “price gouging” as people panic-buy face masks. They’re also urging people not to panic-buy face masks as shortages threaten an effective coronavirus response. While companies appear guilty of “profiteering” from the crisis, raising prices could ration vital medical supplies. Authorities, governmental and otherwise, are cracking down on companies […]

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US Authorities Allege SIM Swapping Thief Bought Music Royalties, Jewelry, With Crypto – CoinDesk

U.S. authorities charged a 23-year-old Pennsylvania man Wednesday for allegedly stealing cryptocurrency executives’ holdings through a SIM-swapping scheme. Anthony Francis Faulk faces charges of conspiracy to commit wire fraud and extortion in the Northern District of California for his alleged plot, in which he is said to have turned the stolen funds into cars, a […]

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US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme – CoinDesk

U.S. authorities arrested three alleged scammers attached to the BitClub Network Tuesday who successfully defrauded investors of $722 million through a mining pool Ponzi scheme. According to a press release, Matthew Brent Goettsche, 37, of Lafayette, Colorado; Jobadiah Sinclair Weeks, 38, of Arvada, Colorado; and Joseph Frank Abel, 49, of Camarillo, California were indicted on […]

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