Concordium Founder Stresses the Importance of Digital Identity Verification in Preventing Crypto Scams
Lars Seier Christensen, the founder of Concordium, believes that implementing some level of identity verification is crucial to prevent crypto scams, especially in the wake of high-profile figures like Mark Cuban falling victim to such scams. Christensen emphasized the importance of choosing secure ...
South Korean Man Sentenced to Prison for Involvement in Bitcoin Fraud Scheme
A South Korean court has sentenced a 70-year-old man to prison for his involvement in a Bitcoin (BTC) fraud scheme. The man, identified only by the initial A, received a one-year jail term for his role in a telecommunications-related financial fraud. According to Kyeonggi Ilbo, the man was recrui ...
South African Firm Convicted in $1.7 Billion Crypto Scam by US Court
Mirror Trading International (MTI) has been found guilty by a U.S. court in a cryptocurrency fraud case involving a Bitcoin scam, resulting in a restitution order of $1.7 billion. The U.S. Commodity Futures Trading Commission (CFTC) disclosed that Mirror Trading International Proprietary Limited ...
Former Kickboxer Andrew Tate Announces Plans to Pump Altcoins, Drawing Cryptocurrency Community’s Attention
Former kickboxer Andrew Tate told subscribers that starting June 1 he will randomly select several altcoins and pump them. Although a few days ago he denied any interest in cryptocurrencies. Popular blogger Andrew Tate shared on Twitter his plans to "pump" some altcoins o ...