Cryptocurrency Analysis and News Portal
06 October 2020 There can be few cases that better illustrate how mainstream data protection has become than the ICO’s investigation into the
Read More
BitMEX is in hot water with the CFTC and DOJ. Thursday, a dual agency operation levied charges against the derivatives exchange and several employees for facilitating unregistered trading and violating the Bank Secrecy Act. Elsewhere, another European financial head has intimated the need for a “digital euro,” Atari’s cryptocurrency has a sale
Read More
Over the last several months, a number of people claiming to be Cryptox staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange for stories written about them or their companies and posted on Cryptox.Through
Read More
The Office of the Australian Information Commissioner (OAIC) and the UK’s Information Commissioner’s Office (ICO) have opened a joint investigation into the
Read More
The Royal Canadian Mounted Police, or RCMP, is investigating two Bitcoin (BTC) scams in Strathcona County in Alberta, Canada. They allege that fraudsters impersonated the local authorities in order to extort their victims for money.According to The Sherwood Park News on June 16, one of the victims received a call by
Read More
Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.The United States attorney’s office for New Jersey intervened in the case on
Read More
Lawmakers in India are investigating the operations of Bitcoin and crypto companies in the country over suspected fraudulent activities. India’s Lower Parliament Looking into Bitcoin Companies According to a document released by Lok Sabha — the lower house of India’s bicameral parliament, some lawmakers in the country want the Executive to look
Read More
Cryptocurrency exchange Bithumb is clamping down on suspicious transactions less than a week after South Korea, its home country, moved to enact tough new laws for the virtual asset space.Bithumb announced Tuesday it had deployed Chainalysis’ “Reactor” investigations tool to get ahead of illicit activity. Reactor, used in many cryptocurrency
Read More
A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud.Nikkei Asian Review reported the news on Dec. 18, citing documents ostensibly accessed by its affiliate publication, KrASIA. Investors in limboAccording to the report, the market regulator in Changsha, the capital of
Read More
In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into the companies. Bitfinex and Tether are under investigation for an accounting coverup in which Bitfinex is alleged
Read More