Founders of ICO Endorsed By Floyd Mayweather Indicted for Fraud The U.S. Attorney for the Southern District of New York has announced that the co-founders of a Floyd Mayweather-backed ICO have been indicted.… Read More
Crypto Investment Schemes Hit With Cease-and-Desists in Texas A Texas regulator has issued cease-and-desist orders against two cryptocurrency schemes that it alleges are selling unregistered securities.… Read More
Virgin’s Richard Branson Warns on Bitcoin Scam Sites Using His Name The British tycoon published a post Thursday warning the public to ignore bitcoin scams promoting themselves using his image.… Read More
Chinese Police Bust Alleged $13 Million Blockchain Pyramid Scheme Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.… Read More
Prosecutors: Options Seller Duped Investors With ‘Worthless’ Crypto A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token. … Read More
Philippines Lawmaker Urges Senate to Expedite Crypto Crime Bills A Philippines senator is seeking to speed up the passage of legislation that would increase the penalties for crimes involving cryptocurrencies.… Read More
Scammers Are Posing As Crypto Exchange Support Staff, Says FBI The FBI’s Internet Crime Complaint Center warned against criminals who pretend to be tech support for crypto exchanges. … Read More
CFTC Hits Wall Trying to Serve Bitcoin Fraud Summons In new filings, the CFTC alleges that former bitcoin binary options trader accused of fraud is trying to avoid authorities. … Read More
Tough Tokens: Theranos Fraud Holds Harsh Lessons for Crypto While cryptocurrencies aren’t companies, the Elizabeth Holmes case serves as a reminder you should ignore the charisma of founders.… Read More
Fake ‘Telegram ICO’ Websites Just Won’t Go Away CoinDesk has identified several websites claiming to sell Telegram’s gram token, but the sale is known to be a private placement effort.… Read More