Cryptocurrency platform FTX, which collapsed last year, is in the process of reopening under new management, The Wall Street Journal (WSJ) reported Wednesday.
FTX CEO John J. Ray III confirmed to the WSJ that the company has begun discussions with various stakeholders to explore the possibility of…
Read More...
Browsing Tag
fraud
UK takes action against cryptocurrency ATMs
UK regulators are cracking down on cryptocurrency ATMs across the country, in a bid to prevent fraud and protect consumers. ATMs allow users to buy and sell digital currencies for cash.
However, the Financial Conduct Authority (FCA)…
Metamask warned about a scam attempt through emails
Metamask, the popular Ethereum wallet, issued a fraud alert after a hacker gained access to a Namecheap email account. The attacker has reportedly been sending unauthorized emails to users of the platform, asking them to reveal sensitive…
European Commission will present proposal on payment of taxes in the crypto sector
The European Commission plans to release on December 7 the draft of a new proposal for the payment of taxes in the crypto sector as a measure to prevent crimes such as tax evasion.
The Commission will establish a debate about the…
EU works on new regulator to oversee cryptocurrencies
In its fight against money laundering in cryptocurrency transactions, the European Union recently announced that it is working on a new regulatory body that provides transparency and peace of mind.
According to a report by The Block, the…
China says cryptocurrency trading is a criminal action
The People's Bank of China (BPC) and nine other government institutions, including the Internet regulator, recently called all activities related to crypto assets illegal.
The main financial entity and other official entities referred…
CICPC and Sunacrip warn of digital fraud
The Computer Crimes Division of the Scientific Criminal and Criminal Investigations Corps (CICPC in Spanish) and the National Superintendency of Crypto Assets and Related Activities (Sunacrip) issued a warning to Venezuelan citizens to…
More than 1,000 people arrested in China for cryptocurrency fraud
China's Ministry of Public Security detained more than 1,000 people in an operation against a network accused of "fraudulent activities" related to cryptocurrencies. The arrests were made in Beijing, the neighboring Hebei region, the Shanxi…
US to encourage cryptocurrency innovation
The United States House of Representatives recently approved a series of laws which include – among other things – promoting the innovation on cryptocurrencies such as bitcoin.
This specific law will create a working group in charge of…
Digital ruble could contain cybersecurity risks
This Wednesday, the Association of Banks of Russia (ABR) has published its comments about the digital ruble and the risks that the cryptocurrency may have directly related to cybersecurity and fraud.
As specified in the report, the…