Crypto

Washington D.C., March 8, 2022 — The Securities and Exchange Commission today charged siblings John and JonAtina (Tina) Barksdale with defrauding thousands of retail investors out of more than $124 million through two unregistered fraudulent offerings of securities involving a digital token called “Ormeus Coin.” According to the SEC’s complaint, from June 2017 through the present, the Barksdales offered and...

Washington – The U.S. Secret Service has launched a cryptocurrency public awareness hub featuring a new public service announcement video and information on the security of digital assets and cryptocurrencies. The new website will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how...

Company also agrees to attempt to bring its business into compliance with the Investment Company Act of 1940 within 60 days FOR IMMEDIATE RELEASE 2022-26 Washington D.C., Feb. 14, 2022 — The Securities and Exchange Commission today charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product. In this first-of-its-kind action, the SEC...

Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K Fears about a supply glut from the Mt. Gox settlement are unfounded, one analyst said. Bitcoin is looking to regain its footing, having reached five-week lows early Friday in a move market participants said was driven by derivatives. The top cryptocurrency had recovered to $57,200 at press time from the low of...

IRS seized $3.5B in crypto-related fraud money this year as illicit activity multiplies he Internal Revenue Service’s Criminal Investigations Unit (IRS-CI) seized $3.5 billion from cryptocurrency-related fraud cases over the fiscal year of 2021, according to an annual report published by the agency, underscoring how the booming sector has also sparked a rise in the illicit use of crypto. According to...

Elon Musk Says Reducing Dogecoin Fee 'Super Important' To Make Adoption At Places Like AMC Theaters Viable  CEO Elon Musk has once again stressed the importance of lowered Dogecoin (CRYPTO: DOGE) fees in order to make transactions like the purchase of movie tickets viable. What Happened: Musk’s comments were made on Twitter in the wake of AMC  CEO Adam Aron conducting a poll on the same social network on whether...

CARLSBAD, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Design Therapeutics, Inc., a biotechnology company developing a platform of gene targeted chimera (GeneTAC™) small molecules for the treatment of serious degenerative disorders caused by inherited nucleotide repeat expansions, today announced the pricing of its initial public offering of 12,000,000 shares of its common stock at a price to the public...

Bitcoin Briefly nears $12,000 But Crypto Investors Yawn If a Bitcoin rally goes unnoticed, has the crypto investor markets been hyped to its limits? Only the most rabid crypto investors seem to be following the mostly stagnant  and deserted crypto markets. Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have...

For now, Bitcoin is just another trading toy Ah, Bitcoin. The stuff of dreams. The new frontier in currency and commerce. The gateway to a world dominated by blockchain technology, with newly-minted zillionaires lining of streets of urban and rural sites across the globe. Or, the speculative arm of a legitimate evolution of financial transactions. Now, before you get all defensive...

Security Token Offerings the ways to avoid financial crisis for 2019 and beyond The world economy is still struggling to recover from the 2008 Financial Crisis. Years after the massive economic collapse of countries wealth and the loss of $ trillions, we are still balancing the world economy on this same house of cards. The world financial system is set for...