U.S. Federal Trade Commission warns of crypto romance scams

2024-6-11 12:48

The United States Federal Trade Commission (FTC) has warned the public of the rise in romance scams that often involve cryptocurrencies. In a Monday notice, the FTC advised Americans on how they can handle the situation if their online romantic…

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Federal Trade Commission (FTC) Opens An In-Depth Probe Into Meta’s (Facebook) Acquisition of VR App Developer

The Federal Trade Commission (FTC) of the US has started an in-depth probe into Meta Platform’s (previously Facebook) $400 million acquisition of Supernatural, a virtual reality (VR) fitness app. Now, the deal won’t be finalized for another year following FTC’s probe that started shortly after Thanksgiving Day last month, news portal The Information reported on […] The post Federal Trade Commission (FTC) Opens An In-Depth Probe Into Meta’s (Facebook) Acquisition of VR App Developer first appeared on BitcoinExchangeGuide.

2021-12-18 19:11


FTC Data Reveals Big Jump In Crypto Investment Scams, Losses Totaling $80M

A new consumer protection data spotlight from the U.S Federal Trade Commission (FTC) revealed that consumers lost more than $80 million to cryptocurrency investment scams since October 2020. Millennials Lost More Money to Scams Data compiled from the last quarter of 2020 and the first quarter of 2021 showed that almost 7,000 investors were swindled […] The post FTC Data Reveals Big Jump In Crypto Investment Scams, Losses Totaling M first appeared on BitcoinExchangeGuide.

2021-5-19 21:01


US House Rep. Member Launches Bill to Promote National Advancement Of Blockchain Tech

The global digital technology integration race is on with leading states in Europe and Asia taking the first step in developing national blockchain strategies. With the U.S. lagging behind, U.S. Representative for Kentucky's 2nd congressional district, Brett Guthrie, presented a bill titled “Advancing Blockchain Act” to the Federal Trade Commission (FTC) to enhance the study […]

2020-5-23 18:10


Launch A Real-Time Payments System Before Libra, FTC Commissioner Tells Federal Reserve

According to FTC Commissioner, the impending Facebook led Libra project should be reason enough for the US Federal Reserve to develop its own instantaneous payments system, CoinDesk reports. Rohit Chopra, a sitting commissioner of the US Federal Trade Commission, in a letter to the Federal Reserve’s board, expressed his support for the recently mooted FedNow […]

2019-11-9 22:22


Multi-level Marketing Promoter of Bitcoin Funding Team and My7Network Will Settle With FTC

The United States Federal Trade Commission (FTC) has agreed to settle the charges it filed in 2018 against a pyramid scheme that involved 4 individuals. As part of the settlement, the promoters of recruitment-based cryptocurrency schemes are permanently banned from operating or participating in any multi-level marketing program. Additionally, they are supposed to pay a […]

2019-8-25 18:05


Federal Trade Commission Chairman: Congress and FTC’s Main Priority is Privacy and Data Security

Whether an investor is involved in traditional or crypto-related trading, privacy appears to be a “must have” when determining where funds will be placed. Though the responsibility to uphold this privacy is often the role of the exchange where trading is done, the federal government also has a responsibility to protect citizens. Perhaps those needs […]

2019-3-6 19:39


Фото:

The FTC is investigating loot boxes — but not for the right reasons

The American Federal Trade Commission (FTC) yesterday joined the ongoing battle of attrition between regulators and game developers over the thorny topic of loot boxes. Last we heard about loot box legislation, a collection of European regulators were teaming up to investigate loot boxes and other maybe-kinda-sorta gambling practices, with one American entity joining in: the Washington State Gaming Commission.

2018-11-28 20:34


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