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Article by Steve Kaaru

Suspects behind $54M AI-based digital currency scam in Japan arrested
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16 July, 2021

Suspects behind $54M AI-based digital currency scam in Japan arrested

Oz Project claimed to guarantee users that they would get 100% of the principal they put in as well as...
London police seize $250M in largest digital currency haul in UK
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15 July, 2021

London police seize $250M in largest digital currency haul in UK

The money is alleged to be the proceeds of a money laundering ring, with a 39-year-old woman at the center...
Africypt BTC scam: South Africa regulators, banks and exchanges play blame game
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15 July, 2021

Africypt BTC scam: South Africa regulators, banks and exchanges play blame game

Africrypt was a digital currency investment company targeting the rich and celebrities, until founders Raees and Ameer Cajee claimed earlier...
3,800 PS4 consoles seized from alleged Ukraine illegal mining farm
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15 July, 2021

3,800 PS4 consoles seized from alleged Ukraine illegal mining farm

Ukraine’s counterintelligence unit announced the raid and seizure in an alleged illegal block reward mining site recently, describing it as...
TikTok bans digital currency ads as UK regulator puts them on ‘red alert’
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14 July, 2021

TikTok bans digital currency ads as UK regulator puts them on ‘red alert’

In an update to its policies, the social media platform prohibited branded content relating to financial services such as digital...
Texas court bans BTC platform PaxForex, imposes $374K penalty
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14 July, 2021

Texas court bans BTC platform PaxForex, imposes $374K penalty

The company is accused of engaging in illegal, off-exchange transactions in these digital currencies as well as foreign currencies and...

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