fraud

Belgium’s FSMA warns “cryptocurrency trading platforms” may be fraud

By Henry Hughes

March 6, 2018

Belgium’s financial services and markets regulator FSMA, has published a document warning the public of the risks of trading in cryptocurrencies. “In recent weeks, a large number of ...

SEC charges BitFunder founder with fraud, has him arrested

By Henry Hughes

February 22, 2018

All News Cryptocurrencies Regulation

The US Securities and Exchange Commission (SEC) has charged Jon Montroll, also known as Ukyo, founder of the now defunct cryptocurrency platforms BitFunder and WeExchange with fraud and ...

New York ramps up security requirements for cryptocurrency exchanges

By Henry Hughes

February 8, 2018

All News Cryptocurrencies Featured News Regulation

The New York State Department of Financial Services (DFS) has issued a new guidance requiring the holders of a BitLicense or a Money Transmitter License to ramp up ...

Crypto scams rife in Asia – media

By Henry Hughes

February 7, 2018

All News Cryptocurrencies Featured News

The cryptocurrency mania has created a breeding ground for fraud in Asia, where most people are not very financially savvy, despite the economic growth, reports Nikkei Asian Review. ...

Finnish authorities arrest OneCoin promoter, launch tax fraud case

By Henry Hughes

October 5, 2017

All News Cryptocurrencies Featured News

The police in the western Finnish region Ostrobothnia have arrested a promoter of the MLM digital currency scam OneCoin, reports the Finnish public media Yle. According to the ...

CFTC files suit for $16 million binary options scam

By Henry Hughes

July 19, 2017

All News Binary Brokers Featured News Regulation

The US Commodity Futures Trading Commission (CFTC) announced it has filed a civil suit against Jason Scharf and Michacel Shah for alleged $16 million binary options scam. According ...

Binary options fraud in UK on the rise, Sir Richard Branson warns of scam

By Henry Hughes

May 22, 2017

All News Featured News Warnings

British magnate Sir Richard Branson, owner of the conglomerate Virgin Group, has warned the public that criminals are using his name to dupe people into buying fake investments ...

Owner of SecuredOptions Eliran Saada arrested in Israel, suspected of aggravated fraud, extortion

By Henry Hughes

May 17, 2017

All News Binary Brokers Featured News Regulation

Eliran Saada, owner of the Israeli Express Target Marketing operating the binary options brands SecuredOptions and InsideOption was arrested in Tel Aviv. According to the report of The ...

German prosecution launches fraud probe into OneCoin, as Hungary sets up task force

By Henry Hughes

May 11, 2017

All News Cryptocurrencies Regulation

Several days after the German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order against the OneCoin MLM scam, sate criminal police prosecutors from the ...

UK watchdog warns of ExxonFX unregulated forex broker, fake FCA emails

By Henry Hughes

May 10, 2017

All News Featured News Warnings

UK’s financial services providers regulator, the Financial Conduct Authority (FCA), has warned of the unregulated forex broker ExxonFX and of a fraud involving fake emails allegedly sent by ...

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