CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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American Express Could Use Blockchain to Protect Clients’ Identities and Combat Fraud

Nikita Blows · May 24, 2018 · 9:00 pm US-based financial corporation American Express is researching how blockchain technology can provide solutions to issues such as fraud and identity protection. More and more financial services companies are exploring how blockchain technology can make a difference, not only in their existing processes but also in providing improved […]

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600+ Bitcoin Users Seek Lawsuit Against Bitcoin.com & CEO Roger Ver

Matthew Hrones · April 27, 2018 · 10:35 am A “community movement” that has grown to over 600 individuals in just two days is pursuing legal action against Bitcoin.com and its owner, Roger Ver, for deliberately misleading new users into buying Bitcoin Cash (BCH) instead of Bitcoin (BTC). Is Bitcoin.com Tricking People into Buying Bitcoin […]

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