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Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based on mischaracterizations, but that shutdown for Kik is necessary to focus on […]
The post Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams appeared first on Bitcoin News.
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The cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship […]
The post A Look Back at the Top Cryptocurrency Markets From Christmases Past appeared first on Bitcoin News.
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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 […]
The post Crypto-Flashbacks: How the Media Pumped the ICO Known as Paycoin appeared first on Bitcoin News.
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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
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