Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers
Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online...
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in...
California Man Loses $27,000 in Bitcoin After Falling Prey to Crypto Scammers
In Daly City, California, authorities are investigating a crypto scam incident where a man lost $27,000 worth of bitcoin. A 48-year-old man claimed the scammers tricked him into giving...
Crypto Exchange Owner Sentenced to 10 Years in Prison for Multimillion-Dollar Scheme to Defraud...
The U.S. has sentenced a cryptocurrency exchange owner to 10 years in prison. He “knowingly and intentionally engaged in business practices designed to both assist fraudsters in laundering the...
Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly...
Beware of This Bitcoin Company, UK Regulator Warns
The UK’s financial regulator has warned crypto investors and traders that Bitcoin Evolution isn’t authorized to operate in Britain. They’ve said that the service could be a scam.
Unauthorized Firms...
