Cryptocurrency Analysis and News Portal
Bank of Ireland (BOI) executives have backed out of the testimony before the United States Government in the criminal proceedings regarding a $400 million worth money laundering scheme through cryptocurrency scam OneCoin.No testimony on voluntary basisAs fintech-focused news outlet FinanceFeed reported on Oct. 11, the U.S. Government filed a
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The Commodity Futures Trading Commission (CFTC) charged an individual from Pennsylvania for making fraudulent claims of investing in Bitcoin on behalf of two investors. As per the press release, the accused never had possession of said Bitcoin, so it was never actually delivered to investors, September 30, 2019. Clamping Down on
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekCrypto carnage: Bloodbath for altcoins as
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Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo.Multiple versions to delay withdrawalsAfter users first reported withdrawal issues in April 2019, Satowallet has been citing different versions of
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Hollywood actress Kate Winslet is looking to sue a group of bitcoin scammers who impersonated her to get money from unsuspecting investors. According to a report on September 23, 2019, the schemers alleged that the actress made her fortune through cryptocurrency investments. Tip of the Iceberg A group of online bitcoin
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The local authorities in the Philippines have reportedly raided the offices of an alleged cryptocurrency scam and arrested the scammers who were targeting investors in China.According to a Sept. 15 report by local news outlet Inquirer, the raid was initiated by the agents from the Bureau of Immigration, the Presidential
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Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China.According to a Sept. 15 report by local news outlet Inquirer.net, agents from the Bureau of Immigration, the Presidential Anti-Corruption Commission and the National Police’s Integrity Monitoring and Enforcement Group raided the
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Winnipeg police in Canada is warning Bitcoin ATM users about a new scam. Local police said that a poster located next to the machines claims that the crypto ATMs are currently going through some software upgrade and that users should transfer the cryptocurrency to the fraudsters’ own account.The posters advise
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Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas.Investor losses are not knownThe Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies outside the country, local English-language news
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Saudi Arabia’s Ministry of Finance took the time to warn the general public of an ongoing crypto scam spearheaded by a Singapore-based crypto company.The Ministry of Finance revealed that although the so called crypto firm claims to be affiliated with the Kingdom, its token and operation are neither recognized or
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