The Texas State Security Board has issued a cease and desist order to Forex EA and Bitcoin Investment LLC, which has been offering unregistered securities whilst also making deceiving statements that mislead gullible investors.
British billionaire Richard Branson has warned against a number of cryptocurrency scam stories that have been circulating, supposedly backed by him.
The cryptocurrency market continues to be compromised by scammers and fraudsters at every turn with the latest victim being Vertcoin.
Yassir Hankir, CEO of German startup Savedroid, resurfaced in a YouTube video claiming that the $50 million exit scam was really a PR stunt to push for "high quality ICO standards."
Arnel and Leonay Ordonio allegedly scammed 50 people into investing in SegWit-Coin BTC in 2017, promising 30% return on their investments every two weeks.