Has 2019 lived up to the expectations of the crypto community and those working in the industry, and what are the biggest disappointments? Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of […]
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Commentators worried after three giant token transfers sent over 200,000 ETH to three major exchanges on Christmas Day. Ethereum (ETH) co-founder Vitalik Buterin became the center of attention on Christmas Day amid fears he plans to sell $25 million of the cryptocurrency. Records from monitoring resource Etherscan showed a total of 92,000 ETH (currently worth […]
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The North American Securities Administrators Association says cryptocurrency investment schemes are one of the top investor threats in 2020. Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA). The NASAA, the oldest international investor protection organization, has officially announced the top five products or […]
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The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. Finance news outlet FinanceFeeds reported on Dec. […]
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The ghost of what has likely become one of the world’s biggest ponzi schemes lingers on for crypto traders amid claims of sell-offs manipulating Bitcoin price. Ether (ETH) price faced fresh selling pressure on Dec. 19 as a giant transaction associated with the PlusToken ponzi scheme worried traders. Data from Twitter-based monitoring resource Whale Alert, […]
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Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets […]
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Two Canadian brothers hacked the account of a HitBTC user to steal 23 BTC in July 2018, but will now face sentencing for wire fraud. Two Canadian men who defrauded a Bitcoin (BTC) investor out of $140,000 by impersonating exchange HitBTC may serve two years in prison. According to court records on Dec. 16, brothers […]
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Legal action against Circle Society and its operator continues, two months after regulators charged both with fraud over an alleged $11 million BItcoin scheme. A United States court has granted regulators a preliminary injunction against an alleged Bitcoin (BTC) Ponzi scheme which reportedly defrauded investors of $11 million. In a filing with the United States […]
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New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzi scheme BitClub Network. United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement […]
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Ugandan police have reportedly seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one […]
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