Crypto-Mining | FinTelegram News

Tag: Crypto-Mining

January 19, 2019

Giga Watt – Another Crypto Winter Insolvency In Mining

The so-called Crypto winter is here to stay it seems. The bearish crypto market cycle started roughly 12 months ago after the all-time peak in..

December 18, 2018

Why We Anticipate A Wave of Crypto Mining Insolvencies!

The crypto hype 2017 produced thousands of crypto mining startups resp. crypto mining projects worldwide. Ever increasing prices of cryptocurrencies have made their business models..

November 23, 2018

CRYPTO-MLM OMNIA TECH SUSPENDS CRYPTO-MINING ACTIVITIES

We have reported several times in the past weeks that crypto-mining is currently not profitable due to the low crypto-prices and the still rather high..

Uncategorized

August 8, 2018

SUSPECTED FRAUD: CAUTION WITH CLOUD MINING

More and more cloud mining investments are springing up from the ground. They promise high profits and little risk. We explain why virtually none of..

Envion

July 27, 2018

SWISS FINANCIAL MARKET AUTHORITY LAUNCHED ENFORCEMENT PROCEEDINGS AGAINST ENVION

The next shock wave for the ICO investors of ENVION AG (see our ENVION file here). On 26 July 2018, the Swiss Financial Market Authority..

July 6, 2018

THE RISE OF THE BITCLUB NETWORK AND SOME CONSIDERATIONS

We cannot write about crowd-funded crypto-mining schemes without mentioning the perhaps biggest one on a global scale – the BitClub Network! Launched 2014, the crypto-scheme..

June 30, 2018

REQUEST FOR INFORMATION: OMNIA TECH, COINTED AND BLOCKBASE

Readers of FinTelegram are aware that we have been critically questioning and investigating the activities of the crypto-investment schemes OMNIA TECH and COINTED for months...

June 21, 2018

PROHIBITED CRYPTO-MINING SCHEME VIA STOPPED PAYOUTS TO INVESTORS EVEN THOUGH THE AUTHORITY HAS NOT FROZEN FUNDS

Following many inquiries by clients of INVIA GmbH the Austrian Financial Market Authority (FMA) would like to had to clarify that the prohibiting of INVIA’s..

May 30, 2018

CRYPTO-MINING SCHEME ‘WACHSENDE WERTE’ CLOSED ITS OFFER SITE

In the light of the recent regulatory decision to qualify crypto-mining schemes as collective investment untertakings under the EU framework, it’s pretty obvious that crypto-investment..

Crypto-Mining

May 30, 2018

BREAKING NEWS: CRYPTO-MINING SCHEMES ARE REGULATED INVESTMENT ACTIVITIES

Crypto-Mining schemes are Alternative Investment Funds AIF) in the definition of the alternative investment fund managers (AIFM) directive. That’s definitely game-changing regulatory news for crypto-mining..

Crypto-Mining

May 16, 2018

ANALYSIS: ARE CRYPTO-MINING UNTERTAKINGS TO BE QUALIFIED AS ALTERNATIVE INVESTMENT FUNDS (AIF)

While it seems clear to many legal experts that native Cryptocurrencies like Bitcoin (BTC) or Monero do not qualify as Security Tokens, a lot of..

April 13, 2018

WACHSENDE WERTE (GROWING VALUE) – THE SCHEME’S PROFIT-RISK DISTRIBUTION

As already explained in part I of our analysis on the Wachsende Werte crypto-investment scheme we would like to analyze and explain it in depths..

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.