An investigation by a credentialed expert can improve the chances of recovering money from cryptocurrency crimes, but victims should be highly suspicious of firms that make grand promises and guarantees.
The fallout from the criminal fraud prosecution of Sam Bankman-Fried and the bankruptcy of FTX are discussed in a recent interview of John Powers from Hudson Intelligence with Paul Kilby of Fraud Magazine.
It is possible to recoup losses from a cryptocurrency fraud scheme — but the odds are not always favorable. Here are five steps for fraud victims to follow to maximize their chances for successful restitution.
Risks, rewards and the crush of crypto scams in decentralized finance (DeFI) are discussed in Fraud Magazine with an interview of John Powers, CFE, CTCE.
Successful investigations by the FBI Cyber Division have led to numerous convictions of computer hackers and perpetrators of other web-facilitated crimes such as economic espionage, state-sponsored attacks, and online recruiting by terrorist organizations. So why does the Internet Crime Complaint Center (IC3) focus solely on self-reported complaints from consumers when tallying the total financial impact of online crime?
