South African firms face sanctions in 2 US states over alleged digital currency fraud
The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to 500% interest in just 24 months.
The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to 500% interest in just 24 months.
A former tax collector in Florida is suspected of using $65,000 worth of public funds to allegedly set up his own blockchain company.
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Florida resident Graham Ivan Clark is accused of being the ringleader of the recent hack of celebrity Twitter accounts.
A group of fraudsters allegedly launched a digital currency scam in a bid to recover the money they lost to a similar scheme.
Federal investigators found Banana Fund had been siphoning off investor funds to finance the administrator’s digital currency speculation.
Australian Securities and Investments Commission said the scams have been falsely using celebrities, government agencies and other prominent brands without consent.
27 individuals who played a major role and 82 key members of the PlusToken Ponzi Scheme have been arrested, bringing the pyramid scheme with allegedly 3,000 levels to an end.
Ledger learned about the incident on July 14 when a researcher participating in its bounty program discovered the data breach.
Digital currency project HEX claims to be the world’s first high-interest blockchain certificate of deposit.
Steve Wozniak, along with 17 others, claimed that YouTube has played a big part in encouraging the growth of BTC giveaway scams.
Regulators in the United Kingdom are preparing to treat digital currency ads like other financial promotions.