Finfluencers – DIGIT INFO

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

DIGIT — Mon, 07 Oct 2024 23:46:23 +0000

The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, […]

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Crypto memes can be considered financial promotions, says UK watchdog

DIGIT — Tue, 18 Jul 2023 03:04:59 +0000

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.

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ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors

DIGIT — Fri, 12 Aug 2022 05:45:08 +0000

Australia’s financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors.

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Aussie crypto ‘finfluencers’ face tough new legal restrictions

DIGIT — Mon, 04 Apr 2022 01:54:04 +0000

The Australian securities regulator is taking a stand against financial influencers whom they believe to be bamboozling the general public with misinformation about crypto.

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