Category: scam

UN report says North Korea laundered $2 billion theft via Hong Kong firm
January 19, 2018 BY LeapRate Staff

CabbageTech - Coin Drop Markets charged with cryptocurrency fraud scheme

The Commodity Futures Trading Commission (CFTC) has announced that it has filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Patrick K. McDonnell, of Staten Island, New York, and CabbageTech, Corp., doing business as Coin Drop Markets (CDM), a New York corporation, charging them with fraud and…

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sec fraud
October 01, 2017 BY LeapRate Staff

Maksim Zaslavskiy, REcoin Group Foundation and DRC World charged in Initial Coin Offering (ICO) fraud

The U.S. Securities and Exchange Commission today charged a businessman and his two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds. The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities, and the digital tokens or coins…

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