Crypto-Trading | FinTelegram News

July 31, 2020

Crypto Manipulation: Chinese authorities arrested 27 individuals involved in huge PlusToken crypto scheme

The gigantic Chinese PlusToken crypto scheme has kept the crypto markets massively busy in the last two years. PlusToken with $5.7B raised from some 800,000 members is said to have been a driving force behind manipulations in the crypto markets. In a Chinese law enforcement action, 27 key individuals involved in the PlusToken crypto scheme have been arrested. Several Chinese news outlets reported that another 82 members of the scheme have been arrested.

July 28, 2020

Investor Alert – Potential crypto bull run leads to aggressive scam attacks

The lead crypto Bitcoin (BTC) has broken through the $10,000 resistance level after weeks of futile attempts and even took the $11,000 mark in the last 24 hours before bouncing back. The Ether (ETH) had already made an impressive bull run before and managed to break through the $330 mark. It is currently not clear whether this is really the long-awaited crypto bull run, technical market adjustments, or whale movements. Stay alert, don't fall for scammers and investment schemes.

July 14, 2020

US Regulators close down crypto trading app Abra

The U.S. regulators SEC and the CFTC have cracked down on the innovative crypto trading platform Abra, which enables its users to trade tokenized versions of stocks. According to the SEC press release, the agency charged California-based Abra for offering and selling security-based swaps to retail investors without registration and for failing to transact those swaps on a registered national exchange.

Crypto-Trading

May 6, 2020

Investor Alert – The forecasted Bitcoin Bull Run to $300,000 will also trigger a scam boom!

In the last few days, Bitcoin (BTC) has risen massively again and is now holding above the $9,000 mark. At the latest since the cryptocurrency..

July 31, 2019

UK Financial Watchdog – Dysfunctional cryptocurrencies fall outside scope of regulation but security tokens don’t

The FCA has been looking into cryptoassets over the last couple of month and issued the Guidance on Cryptoassets, a policy statement to set out..

July 24, 2019

Bitfinex and Tether case in New York – Another bid for matter dismissal

In an explosive filing on April 25, 2019, the New York Attorney General alleges that the crypto-exchange Bitfinex conspired with Tether, a closely related entity..

July 12, 2019

Cybercrime – Crypto exchange hacker stole $32 million in Bitpoint attack

Bloomberg and other media outlets reported that the Japanese cryptocurrency exchange Bitpoint has been hacked. The exchange suspended all services after losing about 3.5 billion..

July 3, 2019

Good news: FCA considers a ban of crypto-CFDs for retail investors

In a recently published document, titled “Restricting contract for difference products sold to retail clients,” the FCA revealed that the regulator will soon publish a..

June 25, 2019

Crypto and money laundering – new FATF rules are much appreciated!

The Financial Action Task Force (FATF) is an independent inter-governmental body with the mission to develop policies to protect the global financial system against money..

June 5, 2019

Former SEC attorney claims Bitcoin’s value derives from its potential to facilitate criminal activity

In his column for Law360, former SEC Attorney John Reed Stark once again spoke out massively against Bitcoins. However exciting, disruptive and innovative the blockchain..

June 4, 2019

Craig Wright’s wife Ramona Ang sues UFX operator Reliantco for $3M in Bitcoin losses and wins first court battle

In an interesting lawsuit against the broker platform UFX and its operator Reliantco Investments Ltd, Ramona Ang the wife of Craig Wright – the man..

Crypto-Trading

May 20, 2019

FCA Warns Against Ukraine Crypto CFD Broker ’10-Capital’

The UK financial watchdog FCA issued a warning against 10-Capital, a crypto broker allegedly operated by a Ukraine team around Aliona Simowonik. CategoriesCrypto-TradingTags10Capital

Category: Crypto-Trading