Philippines SEC pinpoints 5 digital currency ‘get rich quick’ schemes
The regulator said the illegal investment schemes were promising unfeasibly high rates of return to investors willing to stump up their capital.
The regulator said the illegal investment schemes were promising unfeasibly high rates of return to investors willing to stump up their capital.
Digital Platinum and All In Publishing defrauded investors through a variety of false advertising campaigns, according to the regulator.
The company faces a lawsuit for misappropriating investment funds for personal expenses.
A judge determines that the amount of fraud and lies perpetrated by the blockchain-based asset manager are overwhelmingly impactful.
Russia has requested the home detention of alleged fraudster Alexander Vinnik amid concerns over COVID-19.
The unauthorized scheme is likely a form of pyramid scheme with promises of significant returns on investment in a matter of days.
At least one investor is seeking over $28 million after the non-profit blockchain organization allegedly lied when it rolled out its MakerDao protocol.
A fake website touted by digital currency scammers is designed to fool unsuspecting investors into parting with their cash.
The New York Southern District Court has approved a motion submitted by the U.S. government to adjourn sentencing for Konstantin Ignatov.
Securities regulators in Texas and Alabama issue a cease-and-desist order against Ultra BTC Mining over its outrageous returns claims.
The CFTC has requested default and a voluntary dismissal of its action against Control-Finance and its operator Benjamin Reynolds who it claims defrauded $147M.
Mark Scott was convicted on charges of laundering as much as $400 million on behalf of the allegedly fraudulent digital currency scheme.