Reading Time: 2 minutes The founder of Titanium Blockchain Infrastructure Services has pleaded guilty to fraud over the project’s ICO TBIS raised $21 million in 2017-2018 based on lies told by Michael Stollery Stollery...
The US Department of Justice announced on Monday that Michael Alan Stollery, the CEO and Founder of the $21 million initial coin offering (ICO) scam of Titanium Blockchain Infrastructure Services pled guilty to his crime. He pled guilty to one count of securities fraud and is now facing jail time of up to 20 years. His sentencing has been scheduled for November 18...
Reading Time: 2 minutes Ryan Felton has pleaded guilty to multiple counts of financial fraud over the Flik ICO Felton laundered $2.5 million of investor funds in 2017 and again with another ICO in 2018 He pleaded guilty on...
Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks'' omits bitcoin and everything else on the list has performed poorly.The below is a direct excerpt of Marty's Bent Issue #1212: “Save a friend, tell them to get out of the Coinbase casino....
Yves La Rose, CEO of ENF, has made it abundantly clear that the community- driven EOS Network Foundation (ENF) doesn’t want Block.one to be any part of the EOS blockchain network....
Oracle crypto projects solve real-world problems of blockchain and smart contracts. They allow on-chain smart contracts to get reliable off-chain data, often necessary for contract execution. An oracle sources reliable data from multiple independent sources, filters it for inaccuracies, and transmits it across. It also ensures that data isn’t tampered with while delivering it to where it's required. Why are Crypto Oracles Important?...
In recent months, it has become quite common to hear about Initial Coin Offerings. Initial Coin Offerings, or ICOs for short, have popped up everywhere on media outlets and channels, being intensely debated and criticized....
MetaBlaze Token (MBLZ) has officially announced the opening date of its second ICO phase, set to begin on April 20th at 12pm UTC. Having quickly closed its first ICO round after hitting the $1.5M hard cap in a few days, this presents the final opportunity to purchase MetaBlaze (MBLZ) at lower entry points before listing on cryptocurrency exchanges at the end of June....
Reading Time: 2 minutes The director of crypto scam World Sports Alliance faces jail over wire fraud Asa Saint Clair duped 60 investors out of hundreds of thousands of dollars between 2017 and 2019 Saint Clair pretended that World Sports Alliance was affiliated to the...
Chris Harland-Dunaway, a freelance reporter for The Verge, talks about his most recent investigative story on Tron founder Justin Sun, which details a long string of questionable decisions and actions by Sun. Show topics: why Justin Sun fled China after the Tron ICO...
Stream Coin, the Dubai-based live streaming project powered by blockchain, has finally gone live with its much-awaited Initial Coin Offering (ICO). In particular, this ICO will run for three months starting from the launch date — February 01, 2022.
The crypto world may have move past the ICO wave of 2017 but Securities & Exchange Commission (SEC) has not and SEC has charged issuers of a $40.7 Million ICO from 2018. As per a report published by SEC, Craig Sproule & his two companies are charged by SEC for unregistered offer and sales of The post Breaking: SEC Charges Man Behind $40.7...
The US Securities and Exchange Commission (SEC) has charged and settled with Craig Sproule and his two companies, Crowd Machine and Metavine, for fraudulently raising $40.
Reading Time: 3 minutes The ERC-20 format celebrated its fifth birthday this week The concept was proposed by Ethereum developer Fabian Vogelsteller on November 19, 2015 The ERC-20 format has been the bedrock of many of the major crypto movements Four years ago...
Unlike other cryptocurrencies, bitcoin was not premined and is in unique regulatory position to serve as property for institutions and individuals.Bitcoin is the world's most secure and most decentralized cryptocurrency — but its fair launch is perhaps one of the most poorly- understood aspects of its history and one of the things that makes it so decentralized and unique.Many altcoins will typically...
Scallop is a new age fintech ecosystem designed to offer users a faster, safer and efficient way to manage their crypto and fiat assets in a single place. The project is bringing the digital assets into...
After a private fundraising campaign this summer, fintech akt.io opens its’ Initial Coin Offering in Ireland, offering a 12.5% bonus and exclusive app membership benefits for early investors
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...
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