Saturday, September 26, 2020
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CFTC Charges Multiple Firms for $15 Million Crypto and Binary Options Scam

The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first involving binary options, which was carried out between October 2013 and November 2016,

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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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US Trading Platform LedgerX Introduces Binary Wager on Bitcoin Halving

United States-regulated trading and clearing platform LedgerX has released a new type of derivative contract unique to Bitcoin (BTC), according to a blog post published on Feb. 5.The new product called LedgerX Halving Contract (LXHC) represents a binary option —  an option where the payoff is either a fixed monetary

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