fraudulent schemes – DIGIT INFO

The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

DIGIT — Sun, 16 Apr 2023 22:30:17 +0000

Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]

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UK Police Return $5.4 Million to Cryptocurrency Fraud Victims

DIGIT — Tue, 22 Feb 2022 06:30:19 +0000

The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments. Police Return Funds to Crypto Scam Victims The U.K.’s Greater Manchester Police (GMP) announced […]

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Richard Branson Found to Be Crypto Scammers’ Favorite Brit Celebrity

DIGIT — Tue, 11 May 2021 12:30:53 +0000

Famed entrepreneur Richard Branson is often featured in fake articles sent out by various investment schemes, many of which are related to cryptocurrency, U.K.’s National Cyber Security Centre (NCSC) revealed in a report. The agency, which has blocked over 285,000 such campaigns in only nine months, says it’s dealing with a global problem. Shady Sites […]

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US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen

DIGIT — Sat, 26 Dec 2020 22:30:00 +0000

The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S. Securities and Exchange Commission (SEC) has […]

The post US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen appeared first on Bitcoin News.

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French Regulator Blacklists More Fraudulent Crypto Businesses

DIGIT — Thu, 27 Sep 2018 04:25:43 +0000

AMF, France’s financial regulator, has expanded its list of entities involved in fraudulent activities often related to cryptocurrency investments. The agency has added 21 new websites most of which have been luring French investors with offers to participate in token sales and digital assets trading. Also read: Russian Crypto Groups in Telegram Increase Membership Despite […]

The post French Regulator Blacklists More Fraudulent Crypto Businesses appeared first on Bitcoin News.

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