Promoting digital currency investment schemes illegal in Vietnam: official
Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.
Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.
The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.
The exchange, also operating under Cryptopoint and XtraderFX, solicited investment online through ads on social media platforms.
Close to 1,000 investors in South Korea have lost $16 million to Futurenet, a digital currency scam with Polish links that sold ad packages and promised riches.
A Russian digital currency exchange operator has pleaded guilty to his role in the operation of a credit card theft ring that led to over $2.2 billion losses.
The amount of money Australians lost to digital currency scams in 2019 is roughly four times the amount lost in 2018.
A BTC scam in Canada has continued to expand across the country and has now hit British Columbia. The scammers impersonate the police and demand for BTC.
A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
A California federal court has given class certification to a lawsuit against ParagonCoin, a company that raised $70m in its ICO to target cannabis industry.
The Quebec financial industry watchdog has brought fresh charges against the operators of PlexCoin, just months after the SEC forced it into a $7m payment.
Threat from fraud is most acute in digital currency and forex markets, where people were unwittingly falling for scams.
The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.