Exxon Mobil prevails in lawsuit over climate regulations

NEW YORK (AP) — Exxon Mobil won Tuesday in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business. New York Attorney General Letitia...

SEC Charges Shopin CEO With Fraud Over Unregistered $42M ICO

The U.S. Securities and Exchange Commission (SEC) has charged Shopin and its founder Eran Eyal with fraud after a $42 million initial coin offering. The SEC announced Wednesday that Eyal had been charged with defrauding investors by selling unregistered securities in...

Regulators warn about fraudsters creating synthetic borrowers

The financial technology industry that’s upending consumer finance could be the solution to a kind of identity fraud that’s dogging traditional banks and fintech companies alike. It’s called synthetic identity fraud, where instead of stealing one person’s information,...

Police arrest head of $2.7M Ugandan cryptocurrency scam

Police have arrested one of the directors of a cryptocurrency startup in Uganda that closed suddenly and made off with investors‘ money. A Mr Samson Lwanga, director of Dunamiscoins Resources Limited, was arrested last week and should appear in court later this...