Sunday, July 27, 2025

CFTC Orders Binary Options and Crypto Scam Blue Bit Banc to Pay Over $4.25 Million

Starting the month of November with a big bang! The US Commodity Futures Trading Commission (CFTC) has once again strengthened its trust with the general public as it busts four entities as well as two key players in a fraudulent binary options scheme that incorporated a shady cryptocurrency.The case, which

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Carmaker Giant Volvo to Integrate Blockchain to Trace Cobalt in Electric Cars

Volvo Cars is the first car manufacturer company that will implement blockchain technology to trace cobalt in its batteries for ethical purposes.Volvo made the announcement during the launch of XC40, its first ever fully electric car. Why would a user of an electric car need to trace cobalt? The key

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Optimism! Ripple CEO Predicts the Downfall of 99% of All Cryptocurrencies

In an interview with Bloomberg, the CEO of Ripple (XRP)trade Brad Garlinghouse expressed his opinion on the rapidly expanding sphere of digital currencies.Replying to a question posed by the host, Garlinghouse said that there are too many cryptocurrencies in the market right now. He noted that there are almost 3,000

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Attorney of OneCoin Ponzi Scheme Stands Trial for $400M Money Laundering

Mark Scott, lawyer of the OneCoin cryptocurrency Ponzi scheme, undergoes trial for laundering $400 million out of the U.S.For those who do not know what OneCoin exactly is, it was perhaps one of the biggest scams in cryptocurrency’s short history. Konstantin Ignatov and Ruja Ignatova were behind this international pyramid

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