Search Results for: Scam
SEC USA released a Public Statement by Chairman Jay Clayton on fraudulent Crypto ICOs
May 23rd, 2018
The U.S. Securities and Exchange Commission has released a Public Statement by Chairman Jay Clayton in relation to the North American Securities Administrators Association (NASAA) announcement of enforcement sweep targeting fraudulent ICOs and Crypto-asset investment products. According the Public ...
Beware: FCA reports several online trading brokers unauthorised in UK
May 23rd, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in UK, has issued several warnings to inform public and investors for firms that the authority believes that have been providing financial services or ...
Regulators launch operation to crack down suspicious cryptocurrency investment schemes
May 22nd, 2018
Securities regulators across the United States and Canada announced dozens of investigations Monday into potentially deceitful cryptocurrency investment products, the largest coordinated crackdown to date by state and provincial officials on bitcoin scams. As many as 70 investigations have ...
‘HoweyCoin’: SEC trolls Crypto fraudsters with fake ICO campaign
May 17th, 2018
‘In a landmark embrace of technological innovation, the US Securities and Exchange Commission (SEC) has announced that it will issue its own cryptocurrency – HoweyCoin – through an initial coin offering (ICO). Okay, that’s not actually true, but the ...
7 Awesome Tips to Help You Save for an Investment
April 23rd, 2018
Normally, it’s pretty easy to squander the cash you’ve earned over many tiring hours than set it aside for a rewarding investment in future. While living in the present and enjoying the pleasures available is a thrilling experience, you ...
Former CEO of Israeli binary options company charged with defrauding investors all over the world
March 26th, 2018
Lee Elbaz, the former CEO of Israeli binary options company Yukom Communications, was indicted by a US federal grand jury on March 22 for allegedly participating in a scheme to “defraud investors in the United States and across the ...
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
Social media companies need to do more to fully comply with EU consumer rules
February 22nd, 2018
Social media companies need to do more to respond to the requests, made last March by the European Commission and Member States’ consumer authorities, to comply with EU consumer rules. The changes made by Facebook, Twitter and Google+ to ...
Regulator calls on Google to ban ads for binary options, cryptocurrencies
February 6th, 2018
Following Facebook’s announcement last week that it was banning all advertising for binary options, cryptocurrencies and initial coin offerings, a Canadian regulator has called on Google to do the same. Jason Roy, a senior investigator at the Manitoba Securities ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...
