The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly…
Tag: Commission
Philippine SEC Warns of International Ponzi Offering 300% Daily Returns
The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30. The scheme, Bitcoin Revolution, comprises a classic…
Alongside Market Relief Package, US CFTC Warns of COVID-19-Linked Crypto Scams
United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the…
MoneyGram Has Made ‘Millions’ Selling Ripple’s XRP – Bitcoinist.com
In its recently filed annual report to the U.S. Securities and Exchange Commission MoneyGram reports $11.3 million in revenue as a result of its Ripple partnership. Ripple Labs pays…
Retail Demand May Force the SEC to Approve a Bitcoin ETF
Several investment firm executives have debated the likelihood of the U.S. Securities and Exchange Commission (SEC) licensing a U.S.-based Bitcoin (BTC) exchange-traded fund (ETF) during a CNBC broadcast on…
SEC Forces Crypto Company to Return ICO Funds to Investors
The U.S. Security and Exchange Commission (SEC) has ruled that startup Enigma MPC violated federal securities laws when it conducted the ENG token ICO. The company must refund investors…
Int’l Securities Commission Wants Stricter Crypto Exchange Measures
The International Organization of Securities Commission (IOSCO) is calling on global regulators to get tougher on crypto exchanges. IOSCO Has Money Laundering Concerns The international watchdog IOSCO has cautioned…
SEC to Grill Kik Head of Operations Next Week – Bitcoinist.com
The US Securities and Exchange Commission (SEC) will continue its investigation of the Kik startup, inviting the company’s head of operations and technical adviser, Tanner Philips, to sit for…
Could the Telegram, SEC $1.7 Billion ICO Row Be Over Soon?
Telegram stated the U.S. Securities and Exchange Commission (SEC) is overstepping its regulatory mandate and misapplying securities law, in a US court this week. The SEC meanwhile, maintains Telegram’s…
CFTC Hunts Down Multi-Million Dollar Crypto-Ponzi Scammer
The U.S. Commodity Futures Trading Commission (CFTC) and South Korean regulators continue investigating the UK-based company Control-Finance Ltd, and its principal, Benjamin Reynolds, for a $147,000 Ponzi scheme involving…