SEC Settles Charges Against DJ Khaled and Floyd Mayweather for ICO Promotion

The US Securities and Exchange Commission (SEC) has settled charges against DJ Khaled and Floyd Mayweather Jr for unlawful ICO promotion. Both celebrities have agreed to pay the financial penalties without admitting or denying the findings. Failure to Disclose In an official release dated November 29, the SEC has announced the settlement of charges against […]

Continue Reading

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 […]

Continue Reading

‘Disgusting’: Martin Lewis Sues Facebook Over Fake Bitcoin Binary Trading Ads

Wilma Woo · April 23, 2018 · 11:30 am UK consumer advice personality Martin Lewis is taking Facebook to court over “disgusting” fake advertising using his name to sell “get-rich-quick” financial schemes. Lewis Lambasts Paid-Up ‘Scams’ Lewis, who has amassed a $175 million fortune from resources such as MoneySavingExpert.com, which ironically helps consumers avoid unnecessary […]

Continue Reading

Federal Trade Commission Files Lawsuit, Targets ‘Deceptive Cryptocurrency Schemes’

Matthew Hrones · March 18, 2018 · 9:30 pm The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects. Cracking Down on Crypto Scams The FTC’s primary focus is to protect consumers and enforce the legal framework that creates […]

Continue Reading