Given how easy it is to obtain bitcoins, many people are interested in cryptocurrencies and think the expanding trend of bitcoin ATMs will drive further acceptance. Yet, Bloomberg stated that Bitcoin ATMs were impacted by the crypto winter that occurred a year ago. A recent instance demonstrates that regulators have cracked down on a Bitcoin … Read more
An FTX user found that his account, which utilized the 3Commas API, had traded the DMM: Governance token upwards of 5,000 times, resulting in the loss of approximately $1.6 million of assets. As a result, the leading provider of crypto trading bots, 3Commas, released a security warning in response to this discovery. How All This … Read more
11 people have been prosecuted by the Securities and Exchange Commission (SEC) for allegedly helping to establish the “fraudulent crypto pyramid scheme” platform Forsage. The SEC accused the platform’s creators and promoters of using a “fraudulent crypto pyramid and Ponzi scheme” to generate more than $300 million from “millions of retail investors worldwide,” according to … Read more
Ryan Felton, a film producer, based in Atlanta, has pled guilty to charges that indicate he operated a cryptocurrency scheme that resulted in the theft of more than $2.5 million from cryptocurrency investors. The film producer, indicted in the United States for his activities around the cryptocurrency projects Flik and CoinSpark, reported that the film … Read more