Cryptocurrency Analysis and News Portal
Venkata S. Meenavalli, an Indian ex-CEO of a once Nasdaq-listed American fintech firm Longfin, has settled with the US Security and Exchange Commission (SEC) for conducting a $27 million accounting fraud scheme to inflate the revenue of the now-defunct cryptocurrency company in order to get it listed on the Nasdaq.
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Blockchain of Things Inc. (BCOT), a crypto startup that provides enterprise software to organizations, was charged for introducing an initial coin offering (ICO) despite not being registered. The firm has been making efforts to settle on an agreement with the U.S. Securities and Exchange Commission (SEC) as the company will
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Don’t Buy That Island Yet! Bitcoin Price Settles at $10K… for Now November 4, 2019 by Ramiro Burgos Time to settle in? Our weekly technical analysis suggests the bitcoin price may consolidate around the $10,000 USD level in a lateral market between $8,000 and $12,000. Read on to find out
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Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving
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ETH price is declining and it recently broke the $172 and $170 support levels against the US Dollar.The price is trading in a bearish zone and it could slide further towards the $160 support.There is a major bearish trend line forming with resistance near $174 on the hourly chart of
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The United States Securities and Exchange Commission (SEC) reached a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network.$225,000 in disgorgement and penaltiesOn Oct. 1 the SEC announced in a press release that it has settled the charges against the firm behind the Sia network in
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The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block.one. Yesterday brought equal measures of hope and despair for the cryptocurrency market. A new rating system for cryptocurrency classification sprung up, looking to bolster
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The United Kingdom arm of cryptocurrency exchange Coinbase settled a two-month legal battle with a man who lost 80 Bitcoins (BTC) in an email phishing attack.Stolen Bitcoin diverted to CoinbaseOn Sept. 10, legal news site Law360 reported that Coinbase U.K. had reached an undisclosed settlement with Liam Robertson to
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The Federal Trade Commission (FTC) of the United States has recently banned the operators and promoters of a deceptive cryptocurrency multi-level marketing pyramid scheme, operating under the names ‘Bitcoin Funding Team’ and ‘My7Network.’The FTC has obtained the order from the court in March 2018 against the four operators of the
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The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals.Terms of settlementAccording to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total
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