2019-4-25 13:13 |
The U.S. SEC and CFTC have jointly issued an alert warning investors against fraudulent websites purporting to operate advisory and trading businesses
origin »
|
A 13-count indictment was filed in the U.S. charging two men with the theft of 10.88 bitcoin (worth ~$59,000) as part of an allegedly fraudulent scheme involving over 50 bitcoin
2019-4-25 13:07 | |
|
|
If you search the web for “My Big Coin,” you find a lot of seemingly-legitimate results. Even Crunchbase has a listing for My Big Coin. As recently as Valentine’s Day, the cryptocurrency project was tweeting to their more than 260,000 followers.
2019-2-28 22:50 | |
|
|
In a sudden turn of events, the US SEC has been given an injunction against Blockvest, a digital asset firm accused of selling unregistered securities in a February 14, 2019, press release. New Developments The SEC has gained a small victory in their case agonists Blockvest, a blockchain-based asset exchange, by getting an injunction against them onRead MoreRead More.
2019-2-17 18:00 | |
|
|
The SEC filed a complaint against Blockvest and its founder for allegedly making unregistered securities offerings and using the SEC seal without permission. On Feb. 14th, the US District Court of California entered in a preliminary injunction against the firm.
2019-2-17 01:56 | |
|
|
The Securities and Exchange Commission (SEC) has announced a preliminary injunction granted against Blockvest LLC for unlicensed security offer. This overturns a previous court order, claiming that the SEC failed to prove that the token was a security.
2019-2-16 05:00 | |
|
|
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.
2019-1-23 00:57 | |
|
|
U.S. crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme
2018-12-28 23:53 | |
|
|
The Times of India reported on December 20, 2018, that the cyber crime branch of Pune police had seized 452 bitcoins worth $1. 8 million from one of the ten suspects involved in a cryptocurrency related Ponzi scheme case.
2018-12-21 01:00 | |
|
|
Vlad Nistor, CEO of Coinflux, was arrested by local authorities in his native Romania after the United States launched a formal investigation charging him with several crimes against American citizens.
2018-12-17 16:23 | |
|
|
The United States Securities and Exchange Commission (SEC) has won a prolonged court battle against the AriseBank blockchain project which organized a fraudulent initial coin offering (ICO) that claimed to had raised $600 million from investors last year.
2018-12-15 10:00 | |
|
|
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud.
2018-11-30 23:03 | |
|
|
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF).
2018-11-29 21:56 | |
|
|
The Colorado State Department of Regulatory Agencies (DORA) has filed cessation orders against four ICOs that were allegedly involved in ‘fraudulent and illicit’ practices, bringing the total number of ICOs stopped by the state’s bodies to 18 this month, Denver Business Journal reported on November 22, 2018.
2018-11-25 14:00 | |
|
|
The state of North Dakota recently ordered the shutdown of a fake cryptocurrency website which carried out unregistered and fake securities in the state. Cryptocurrency Website Imitating Union Bank AG According to an official press release by North Dakota, Securities Commissioner, Karen Tyler, issued a cease and desist order against a fake virtual currency company, […] The post North Dakota Sanctions Fraudulent Russian Cryptocurrency Company appeared first on Ethereum World News.
2018-11-21 10:49 | |
|
|
The North Dakota Securities Department, responsible for the enforcement of the securities laws in the U. S. state, has issued a cease and desist order against Union Bank Payment Coin (UBPC) for allegedly promoting a fraudulent initial coin offering (ICO).
2018-11-21 00:00 | |
|
|
North Dakota has issued a cease-and-desist against a Russia-based ICO for copying a bank's website to promote "potentially fraudulent securities."
2018-11-20 15:15 | |
|
|
On November 16th, the SEC published a new press release regarding digital asset securities issuance and trading. The SEC has been dealing with fraudulent initial coin offerings (ICOs), along with ICOs that simply are not following registration requirements for the sale of securities.
2018-11-17 08:41 | |
|
|
In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways.
2018-11-15 23:40 | |
|
|
The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors.
2018-11-13 22:55 | |
|
|
In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
|
|
The Texas Securities Board pounces on two mining operations using social media and multilevel marketing to propagate a transnational web of “fraudulent crypto-mining programs”, Director of Enforcement Joseph Rotunda informs CryptoSlate.
2018-11-8 15:00 | |
|
|
The Texas State Securities Board entered emergency action on November 6, against two fraudulent companies involved in cryptocurrency mining activities. AWS Mining PTY Ltd and EXY Crypto had been allegedly deceiving investors promising unrealistic returns, enticing them through social media platforms and by recruiting unlicensed multilevel marketing agents, respectively.
2018-11-7 18:59 | |
|
|
According to reports, a group of 25 investors have filed a lawsuit against T. I. and a businessman for their involvement in a fraudulent cryptocurrency scheme. Rapper T. I. and businessman Ryan Felton now face a lawsuit from a collective of 25 investors who said the duo peddled a digital currency that was a get-rich-quick scheme.
2018-11-5 05:30 | |
|
|
The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases.
2018-11-3 00:33 | |
|
|
The Securities and Exchange Commission (SEC) has released its end-of-fiscal-year report for 2018, and it’s made financial fraud in the cryptocurrency space a number one priority. Down to the Nitty Gritty According to the document, the organization’s Cyber Unit became fully functional this year.
2018-11-3 23:43 | |
|
|
The Annual Report on the Division of Law Enforcement by the Securities and Exchange Commission (SEC) has revealed its plans of placing strict rules against ICO scams. With a total amount of $794 million investor funds returned this year alone, the SEC has made it clear that spearheading investigations to help reduce fraudulent ICOs to […] The post SEC Draws Battle Line Against ICO Scams in it’s Yearly Annual Report appeared first on ZyCrypto.
2018-11-3 20:46 | |
|
|
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.
2018-10-19 22:58 | |
|
|
Multiple Lawsuits Bond Together As Massive Joint Legal Effort Against BitConnect BitConnect has unfortunately been the subject of about half a dozen lawsuits, as multiple allegations have arisen about their potentially fraudulent cryptocurrency endeavor.
2018-10-18 18:23 | |
|
|
SEC goes on the warpath, Blockvest shut down, Telegram get ready for initial network launch, Coinbase hedge against British Brexit backlash, SpankChain hacker gets $9k gift, and company gets $450k Ethereum grant.
2018-10-18 17:37 | |
|
|
The U. S. states of Colorado and North Dakota have independently issued cease and desist orders against companies promoting initial coin offerings in their states. Their tokens are potentially fraudulent securities offerings, according to the two states’ securities commissions.
2018-10-18 01:30 | |
|
|
A one-year-old cryptocurrency fraud case, involving an Indian suspect, has reached a deadlock, as affected investors refuse to testify. Lack of Witness Testimonies Stall Proceedings A Goregaon resident, Subhashchand Jewria, was accused of luring investors to his fraudulent cryptocurrency scheme in 2017.
2018-10-17 20:08 | |
|
|
Karen Tyler, the Securities Commissioner of North Dakota, has issued 3 cease-and-desist letters against 3 separate companies all “promoting unregistered and potentially fraudulent securities in North Dakota in the form of Initial Coin Offerings (ICOs),” according to a letter.
2018-10-15 20:12 | |
|
|
Initial Coin Offerings (ICOs), Cryptocurrency–Initial Coin Offerings, the oft maligned innovative form of raising capital in the space of cryptocurrency is making headlines again for all the wrong reasons.
2018-10-13 04:53 | |
|
|
Blockchain Raises “Red Flags” About Upcoming ICO On Thursday, Blockchain, one of this industry’s leading startups, took to its official blog to convey a surprising announcement.
2018-9-24 00:10 | |
|
|
Ethereum’s dominance over the global marketcap in the next five years will make it the new Crypto-king overtaking Bitcoin’s place. That’s what Ian McLeod said to the financial news portal Market Watch.
2018-9-21 16:22 | |
|
|
Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.
2018-9-20 00:05 | |
|
|
Colorado Securities Commissioner Gerald Rome has continued the state’s fight against fraudulent ICOs, issuing three separate orders to suspicious ICO companies as part of the state’s crypto regulation drive.
2018-9-12 23:00 | |
|
|
A federal judge has ruled against the defendant’s motion, which argued that two allegedly fraudulent ICOs should not be prosecuted as a securities violation.
2018-9-12 21:15 | |
|
|
Belgium’s financial watchdog has warned investors against another 28 swindling cryptocurrency platforms.
2018-9-5 08:17 | |
|
|
The days of the pump and dump ICO may be numbered: the North American Securities Administrators Association (NASAA) is on the warpath, taking action against potentially dodgy cryptocurrency schemes.
2018-8-29 17:29 | |
|
|
The United States Securities and Exchange Commission (SEC) just put nine more bitcoin exchange traded funds (ETFs) on the chopping block. In three separate orders issued on August 22, 2018, the agency nixed the proposals and contingent rule changes for ETF filings submitted by ProShares, GraniteShares and Direxion.
2018-8-23 18:18 | |
|
|
ECoinmerce, a DAO e-commerce platform, has announced the launch of the Crypto Community Watch program, in partnership with a consortium of crypto industry organizations including ICO Alert, GZH, Step VC and NewEconomies.
2018-8-21 19:07 | |
|
|
The US Securities and Exchange Commission (SEC) obtained a permanent penny stock bar and an officer-and-director bar against the founder of a fraudulent initial coin offering (ICO), which actually entered the cryptocurrency market as a cover for funding an oil exploration company in California.
2018-8-16 21:43 | |
|
|
The United States Securities and Exchange Commission (SEC) has fined the founder of a scam ICO project. The erring project head has also been issued a lifetime ban by the Commission. Details of the SEC Fine The Commission, on August 14, obtained a permanent officer-and-director order against David T.
2018-8-15 18:30 | |
|
|
The U. S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.
2018-8-15 16:50 | |
|
|
The United States Securities and Exchange Commission (SEC) is in no hurry to review the pile of Bitcoin ETF filings it has been accumulating over the past year. Not three weeks since postponing its decision on five other Bitcoin ETFs, the SEC has indicated in a public statement that it will be delaying its decision to approve or reject SolidX Bitcoin Shares until late September.
2018-8-8 17:15 | |
|
|
The United States Securities and Exchange Commission (SEC) has rejected the Winklevosses’ latest attempt to list a bitcoin ETF. After having a proposal rejected last year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market’s BZX stock exchange with this latest attempt.
2018-7-27 02:19 | |
|
|
The Swiss Financial Market Supervisory Authority (FINMA) has today announced enforcement proceedings against crypto mining firm Envion. The regulators believe that the German-Swiss start-up has been operating in breach of national banking laws.
2018-7-27 23:00 | |
|
|
In a press release, the Commodity Futures Trading Commission (CFTC) announced that it has successfully prosecuted another fraudulent cryptocurrency case against Dillon Michael Dean and his UK-registered company, The Entrepreneurs Headquarters Limited (TEH), for operating an illegal Bitcoin investment pool.
2018-7-26 20:23 | |
|
|
A token swap, or crypto swap, is like trading your favorite Pokemon cards with anyone you like online. But instead of trading cards, you can trade digital crypto assets in exchange for your favorite crypto tokens, often, without a conventional…
Uyeda's potential leadership at the SEC could redefine U.S. crypto regulation, fostering innovation through clearer guidelines and industry collaboration. The post Who is SEC’s Mark Uyeda? Trump’s frontrunner for SEC chair appeared first on Crypto Briefing.
The sluggish demand for US spot Ethereum ETFs highlights the challenges of attracting investors without staking rewards and amid market downturns. The post Demand still sluggish for US Ethereum ETFs one month after debut—here’s why appeared first on Crypto Briefing.
Cardano's Chang hard fork could significantly enhance network decentralization, governance, scalability, and potentially attract more users and investors. The post Cardano’s Chang hard fork set to launch tomorrow — Here’s what you should expect appeared first on Crypto Briefing.
Durov's arrest underscores the escalating conflict between privacy tech and regulatory demands, potentially reshaping the future of digital rights. The post Why was Telegram’s CEO arrested? Understanding the nuances between privacy and crypto appeared first on Crypto Briefing.
CeFi's role as a bridge between traditional finance and crypto highlights the ongoing tension and potential synergy between centralized and decentralized systems. The post What is centralized finance? appeared first on Crypto Briefing.
The Bitcoin power law theory, while offering intriguing insights, remains contentious and should be critically evaluated for investment decisions. The post What is the Bitcoin power law? appeared first on Crypto Briefing.