Bookmarking Crypto Insights
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Cryptocurrency scams take many forms. But one thing they all share is the goal of enriching their founders at the expense of investors. If a crypto project is “investing” a large portion of its capital into lavish parties, PR stunts and marketing, there’s a strong chance that it’s a scam. Also read: Debit Card Issuer Bitnovo … Read more
The U.S. SEC has filed charges against securities dealer 1pool Ltd. for violating federal securities laws by offering Bitcoin-backed security swaps Go to Source Powered by WPeMatico
Amid growing concerns about identity theft and fraudulent transactions, major brand TD Bank has signed a deal to integrate blockchain technology into its future products #SPONSORED Go to Source Powered by WPeMatico
A U.S. federal district judge has ruled that an allegedly fraudulent crypto token meets the definition of a commodity, bringing the case under the CFTC’s regulatory authority Go to Source Powered by WPeMatico
When societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities. However, a string of cases involving precisely these sins, and many, many banks, show that regulations are largely ineffective … Read more
This week, FINRA debuted its regulation of the U.S. crypto market, while the SEC targeted crypto hedge funds in an apparent first. Here what’s to come Go to Source Powered by WPeMatico
Just recently Josh Garza was sentenced to 21 months of prison and six months of home confinement for his role in the many Ponzi scams like Gaw Miners, Zen Miners, Hashlets, and of course the controversial Paycoin that appeared in 2014. Back then lots of people were scammed by Garza’s schemes but he had a … Read more
U.S. Attorney’s Office District of Connecticut has announced Homero Joshua Garza (Josh Garza) has been sentenced to “21 months of imprisonment, followed by three years of supervised release, the first six months of which [Mr. Garza] must spend in home confinement, for his role in his companies’ purported generation and sale of virtual currency.” The … Read more
The CEO of now-defunct U.S. crypto firm GAW Miners has been sentenced to 21 months in prison and $9.2 million in restitution to investors Go to Source Powered by WPeMatico
Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger. As a former RBI Governor raises more questions with the Prime Minister’s Office, it’s time to bring crypto finance to the debate. Also read: Thai … Read more
