Reading Time: 2 minutes The president and CEO of Rivetz has been sued by the SEC over its 2017 ICO The SEC alleges that Rivetz conducted an illegal ICO, with the Steven Sprague using the money to buy property Rivetz is the latest 2017/18 ICO to find that the SEC is not...
Reading Time: 3 minutes Memories of Marine Chain, an abandoned ICO from 2018, have resurfaced The scam was started by three North Korean intelligence operatives Marine Chain was one spoke in a wheel of six-figure cybercrime attacks by North Korean intelligence at the...
Reading Time: 2 minutes The founder of AriseCoin and AriseBank woke up in prison this morning at the start of a five-year sentence Jared Rice, Sr. pleaded guilty to swindling investors out of over $4 million through the scam...
Reading Time: 2 minutes A promoter of the Bitcoiin scam has pleaded guilty to conning investors John DeMarr helped promote Bitcoiin which promised 8,000% returns The scam was busted by the SEC and three team members were charged in February An associate of the...
There are many ways to invest in the cryptocurrency industry. Buying, selling staking, and lending are some of the ways to dip your toes in the crypto world. Another way is funding crypto startups and being an early investor. For...
Reading Time: 2 minutes META 1 has been defeated in court by the SEC, who have been awarded a summary judgement in the case The SEC were awarded the judgement after the defendants never bothered to turn up to court of file any defense The founders and some associates...
Reading Time: 2 minutes The founder and two promoters of Bitcoiin have been charged with fraud by the SEC Bitcoiin claimed to be the “2nd generation of the original Bitcoin” but was allegedly a scam designed to enrich the creators and promoters Bitcoiin was promoted by...
Every so often, we witness the launch of a new cryptocurrency that comes with its hype soldiers. In 2019, a new company made its debut called Pi Network, with claims of it being the new "Bitcoin of 2008", where users can MINE the cryptocurrency Pi directly from their phones without draining through their batteries and consuming its energy. Many users rushed...
As the cryptocurrency market develops, a lot of new words and lingo arise, which can be sometimes difficult to search for on the web as results may be confusing. In this article, we explain the differences between Initial Coin Offering (ICO) and Security Token Offerings (STO)....
Reading Time: 2 minutes SALT Blockchain has been told to repay SALT token ICO investors by the SEC SALT raised almost $50 million from ICOs in 2017 and 2019 The SEC has said that the sales were unregulated securities and investors must be refunded SALT...
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