Cryptocurrency Analysis and News Portal
Vebitcoin crypto exchange based in the southwestern city of Mugla, Turkey, has gone offline. The company’s website home page refers to recent developments that have forced them to cease trading. “Due to the recent developments in the crypto money industry, our transactions have become much more intense than expected. We would
Read More
It’s a special occasion, and time to uncork the good stuff. But how do you know if the expensive bottle of wine on the dinner table really contains what its fancy label claims? China is one of the largest wine consumers in the world by total volume, ranking fifth below the
Read More
Synthetic identity fraud is a new form of identity theft where fraudsters use fabricated, synthetic IDs to steal credit from the victim. This synthetic identity happens to be a completely new identity created by combining components of real and conceptualized information like the social security number (SSN) of a real
Read More
Coinseed Inc, an automated crypto investing app, is facing allegations of defrauding investors and breaking U.S. registration laws in a pair of legal actions brought Wednesday by the U.S. Securities Exchange Commission and the State of New York.The app-based service bilked investors of $1 million through hidden fees, false claims
Read More
The U.S. Securities and Exchange Commission (SEC) and Ripple said Monday that there’s little chance of settlement ahead of the expected trial of the blockchain payments firm over alleged securities infractions.In a discovery letter addressed to Federal Judge Analisa Torres at the U.S. District Court for the Southern District of
Read More
Serbia has extradited a man to the U.S. after he was indicted by a Dallas-based federal grand jury on allegations that he duped investors around the globe–several of whom are in northern Texas–out of more than $70 million.The scheme involved soliciting investments in binary options and cryptocurrency mining, the U.S.
Read More
The Federal Bureau of Investigation (FBI) on Tuesday arrested Rhode Island cryptocurrency trader Jeremy Spence on allegations that his “Coin Signals” crypto funds bilked investors of $5 million between November 2017 and April 2019.The 24-year-old proprietor of at least three crypto funds allegedly ran their value into the ground, losing
Read More
The collapsed financial firm had previously supplied cards to several cryptocurrency companies. Source
Read More
A class-action lawsuit has been filed against Nasdaq-listed bitcoin mining company Bit Digital following recent allegations of fraud.According to a court document filed in the Southern District Court of New York on Thursday, the class action seeks to recover damages for Bit Digital investors who made stock purchases between Dec.
Read More
Nasdaq-listed bitcoin mining company Bit Digital (BTBT) dismissed allegations of fraud against the company made in a recently published report by J Capital Research.Without specifically naming the report, a press release from the mining company responded to “false accusations” about its business. It repeated financial disclosures from Q3 2020 on
Read More