Tag: fraud
SEC Freezes Platform’s ‘Approved’ ICO and Charges Founder with Fraud
A platform falsely claiming to have SEC approval has been charged by the commission who, in turn, plans to halt its upcoming ICO and bar…
Bitcoin ATM Owner Not Responsible for Scam Victim Losing Over $60,000
A Canadian court has ruled that a Bitcoin ATM company, whose machine was involved in a scam, is not responsible for the victim’s financial loss.…
Ex-CEO of Riot Blockchain Embroiled in Unrelated Multimillion-Dollar Fraud Case
The CEO of Riot Blockchain, John O’Rourke has tendered his resignation after the SEC charged him and others with a multimillion-dollar case of unrelated fraud. It’s…
SEC Shuts Down Cannabis Investment Fund for Fraud
The SEC continues its crackdown on fraudulent investment schemes. Texas-based Greenview Investment Partners has been charged with securities fraud. The cannabis investment venture defrauded investors…
Belgium’s Financial Regulator Issues Second Warning Over Fraudulent Crypto Trading Platforms
Belgium’s financial regulatory agency has issued a new warning over crypto trading platforms, citing rising complaints from consumers. FSMA Issues Second Warning to Investors The…
Bitcoin Scam Victim Drops Complaint in Thailand
The Finnish victim of a major Bitcoin scam in Thailand has dropped his complaint, leaving the police to drop fraud charges. The Bitcoin scam that…
Actor Involved in Bitcoin Scam Says He’s Innocent
A Thai actor involved in a Bitcoin scam that cost a Finnish man $34 million says he’s innocent of any wrongdoing. A 22-year-old Finnish man,…
US Regulators Investigating 200 ICOs for Possible Fraud
An organization, comprising 67 areas in the US, Mexico, and Canada, is scrutinizing 200 ICOs to determine if they are adhering to regulations as well…
Bitcoin Exchanged for More than $2 Million Worth of Counterfeit Notes in Scam
It seems as if August is the month of cryptocurrency scams in South Korea. First, we reported on an alleged scam involving buried treasure. Now,…
