FBI seizes $6M from crypto scammers targeting US citizens

Tether said it aided in recovering the stolen crypto by freezing the scammers wallets, which the FBI then seized.  

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Terrible crypto trader gets 42 months for fraud, claiming he was a total gun

Jeremy Spence aka “Coin Signals” scammed around $5 million from 170 investors who were unaware their crypto was used to fund a Ponzi scheme.

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Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup

The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startup’s product offering violated the country’s Corporations Act. The judge ruled that the ASIC had “succeeded in establishing contraventions of s 601ED and 911A of the Act in relation to the Earner product.” [...]

The post Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup appeared first on Crypto Breaking News.

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SEC Alerts Public About Unauthorized Investment Schemes in the Philippines

The SEC has issued a warning about several unauthorized investment schemes operating without necessary licenses.

The post SEC Alerts Public About Unauthorized Investment Schemes in the Philippines appeared first on BitPinas.

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SEC Halts Platinum Coin Pawnshop’s Illegal Investment Scheme

SEC issues cease and desist order against Platinum Coin Pawnshop for operating an illegal investment scheme in the Philippines.

The post SEC Halts Platinum Coin Pawnshop’s Illegal Investment Scheme appeared first on BitPinas.

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UK uses Love Island star to warn finfluencers on crypto and investment schemes

The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law.

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