Bitcoin Ponzi Scheme Promises Return to North America

The post Bitcoin Ponzi Scheme Promises Return to North America appeared first on CCN USI-Tech, a bitcoin mining company based out of the United Arab Emirates, has vowed to reopen its doors to North American users, according to an announcement sent out to participants via its website: The company’s lawyers acknowledge having regulatory issues in

Ignis Token Surges 35% After Bitterex Listing

The post Ignis Token Surges 35% After Bitterex Listing appeared first on CCN As the volatility of cryptocurrencies continues, the underlying crypto of the first child chain on the Ardor blockchain, Ignis experienced a significant surge in price in the early hours of Tuesday, January 20 2018. This surge saw the cryptocurrency gain 35% in

Facebook Bans All Cryptocurrency Ads Including Bitcoin, ICOs

The post Facebook Bans All Cryptocurrency Ads Including Bitcoin, ICOs appeared first on CCN Facebook is firing back against misleading and deceptive ad practices, and ICOs, cryptocurrencies and binary options are at the top of their list. In a blog post by Facebooks’ Rob Leathern, the social media giant is trumpeting a new policy, banning ads

Bitconnect is Facing its Second Class Action Lawsuit

The post Bitconnect is Facing its Second Class Action Lawsuit appeared first on CCN Another class-action lawsuit, along with a restraining order, has been filed against UK-based Bitconnect, this one in Kentucky. Brian Paige is suing Bitconnect for an undisclosed sum for operating an alleged online investment scam — a Ponzi scheme — in the second

SEC Halts ICO for Fraud ‘Decentralized Bank’ Endorsed by Boxing Legend

The post SEC Halts ICO for Fraud ‘Decentralized Bank’ Endorsed by Boxing Legend appeared first on CCN The US Securities and Exchange Commission (SEC) filed charges against another initial coin offering (ICO) last week, arguing that AriseBank not only violated securities regulations but also made false statements to investors. The charges, which the SEC filed

Tether Reportedly Subpoenaed by CFTC

On Tuesday, it was reported that the Commodity Futures Trading Commission has subpoenaed Bitfinex and Tether. The news was first reported on a Bloomberg Terminal.