SEC Official Says ‘Dozens’ of Crypto Investigations Underway – CoinDesk

A top official at the U.S. Securities and Exchange Commission (SEC) has confirmed the existence of numerous investigations into initial coin offering (ICO) campaigns. On Thursday, Stephanie Avakian, co-director of the SEC’s Enforcement Division, said the agency had “dozens” of investigations that relate to cryptocurrency and ICOs, according to Bloomberg BNA, during an appearance at […]

Bitcoin Price Watch | BTC/USD Rallies Back To $8,500

This week, Bitcoin price saw a continuous decline thanks to multiple new developments in the industry that could spell tighter rules against cryptocurrencies. This was highlighted by Google’s proposed ban on crypto advertising on its platform, similar to the restrictions set by Facebook in January that took the coin’s price down by 12%. However, some […]

US Trade Regulator Shuts Down Crypto Investment Scheme Promoters – CoinDesk

A U.S. district court in Florida has issued a temporary restraining order against four individuals accused of operating a string of cryptocurrency investment schemes following a request from the Federal Trade Commission. The agency announced Friday that three of the four defendants – Thomas Dluca, Louis Gatto, and Eric Pinkston – were involved in two referral […]

Brazil’s Corruption Network | Used Cryptocurrency To Operate

Bitcoin represents an innovative opportunity for all businesses… an innovation that corrupt Brazilian politicians took literally. Brazil’s corruption network has been using crypto’s to cover their tracks.  Just a few months ago President Michel Temer (described as the most unpopular president of modern times with roughly 3 percent of approval), was in the news for being […]