The Cryptocurrency and Digital Asset Fraud Casebook, Volume II

Cryptocurrencies and digital assets have continued to gain widespread acceptance from both retail and institutional investors. As part of this continued growth, there has been an unfortunate series of ongoing and increasingly sophisticated frauds, Ponzi schemes, and hacks that have cost investors billions of dollars. Since the publication of the original Cryptocurrency and Digital Asset Fraud Casebook , conservative estimates indicate that there have been thousands of new digital asset fraud cases that have contributed to billions in broadening losses in space. Beyond the digital asset space, cryptocurrency-related scams also continue to present increasingly meaningful threats to traditional finance institutions, the global economy, and national security, as well.

These new challenges, combined with the ongoing evolving regulatory environment for digital assets, create an environment where there is a continued need for the up-to-date information and analysis of real-world case studies. It includes an up-to-date analysis of recent case studies in cryptocurrency and digital asset fraud alongside an analysis of recent decentralized finance (DeFi) hacks, smart contract attacks, and rug pulls. This book reviews the impact of digital asset bankruptcies, the FTX fraud, and the industry-wide post-FTX fallout on the growth of cryptocurrency fraud. It also examines the explosive growth of cryptocurrency romance scams, pig butchering, and related organized crime money laundering efforts and includes a related exclusive case study. Offering an in-depth examination of digital asset frauds in the gaming, metaverse, and NFT spaces, it also covers Decentralized Autonomous Organization (DAO) fraud, smart contract attacks, dApp scams, crypto asset manager investment fraud, mining fraud, honeypots, meme coins, and artificial intelligence-based digital asset fraud. Leveraging the author's experience analyzing and implementing compliance and operations best practices with a variety of cryptocurrency and digital asset projects and consulting with international regulators on blockchain and digital asset policy, this book will be of interest to those working throughout the cryptocurrency and digital asset space including Web 3.0 builders and service providers including lawyers, auditors, blockchain infrastructure, regulators, governments, retail investors, and institutional investors.

Offers up-to-date analysis of recent case studies in cryptocurrency and digital asset fraud Reviews the impact of bank failures and digital asset bankruptcies post-FTX on the growth cryptocurrency fraud Examines digital asset fraud in cryptocurrency markets, DeFi, gaming, Web3.0, NFT, and AI-based fraud

Auteur

Jason Scharfman is the Managing Partner of Corgentum Consulting, a specialist consulting firm that performs compliance consulting, due diligence reviews, and investigations of cryptocurrency projects, digital assets, and fund managers of all types, including cryptocurrency hedge funds, private equity, and venture capital. Mr. Scharfman has previous experience advising regulators and government institutions, as well as working on behalf of institutional investors and venture capital firms. He is recognized as one of the leading experts in the fields of digital asset and cryptocurrency compliance, fund operations, and due diligence.

Contenu

CHAPTER 1 Introduction to Cryptocurrency and Digital Asset Fraud and Crime.- CHAPTER 2 Crypto Romance Scams, Pig Butchering and Crypto Recovery Scams.- CHAPTER 3 Decentralized Autonomous Organization (DAO) Fraud, Hacks and Controversies.- CHAPTER 4 Decentralized Finance (DeFi) fraud and hacks: Part 1.- CHAPTER 5 Decentralized Finance (DeFi) fraud and hacks: Part 2.- CHAPTER 6 Decentralized Finance (DeFi) fraud and hacks: Part 3.- CHAPTER 7 Crypto Phishing and Spoofing Scams.- CHAPTER 8 Meme Coins, Honeypots, and Artificial Intelligence Enabled Crypto Fraud.- CHAPTER 9 Decentralized Applications (dApp) and Cryptocurrency Gaming Fraud.- CHAPTER 10 Wallet Drainers, Crypto Stealers and Cryptojacking.- CHAPTER 11 Non-Fungible Token (NFT) Frauds, Hacks and Controversies.- CHAPTER 12 Additional Cases and Trends in Cryptocurrency Fraud.