South African Reserve Bank (SARB): Virtual Currencies Are ‘Cyber-tokens’

Nikita Blows · May 26, 2018 · 9:00 am The South African Reserve Bank (SARB) has announced that disruptive cryptocurrencies cannot be seen as actual currency as they do not conform to the traditional definition of money. Even though digital currencies were first introduced to the world nearly a decade ago, interest and trade have […]

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SCAM ALERT: Sham UK Company Tries to Capitalize on Telegram ICO Success

Emilio Janus · April 11, 2018 · 5:30 pm As reported by Quartz, someone has created a sham company with the name of the Telegram ICO, Telegram Open Network Limited. The UK company, registered with Companies House on Feb 28, lists Pavel Durov as CEO, but was confirmed as a fake by Telegram over Twitter. […]

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Federal Trade Commission Files Lawsuit, Targets ‘Deceptive Cryptocurrency Schemes’

Matthew Hrones · March 18, 2018 · 9:30 pm The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects. Cracking Down on Crypto Scams The FTC’s primary focus is to protect consumers and enforce the legal framework that creates […]

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