The US Federal Trade Commission has announced a free educational forum on avoiding cryptocurrency based fraud to be held in June. FTC to Hold Crypto Scam Workshop The “Decrypting Cryptocurrency Scams” workshop will involve law enforcement agencies, consumer advocacy groups, and private sector business will come together to “to explore how scammers are exploiting public interest in cryptocurrencies… […]
The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.
U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.
The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.
A U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday […]
A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.
With so many different altcoins available these days, most people won’t even remember Feathercoin. Although this cryptocurrency has a bit of a checkered history, one of its lead developers has announced he will make a return in 2018. In addition, he has unveiled some interesting plans for this currency, which will celebrate its fifth birthday next year. What’s […]
The US Federal Trade Commission is hosting a FinTech gathering on 9th March, dedicated in part to blockchain tech and its impact on consumers. Source
Vulnerable routers and webcams pose a significant threat to online security. D-Link, one of the world’s leading hardware manufacturers of these inter-connected computer accessories, has been sued by the FTC. Apparently, the company has not taken the necessary steps to secure their devices. A hacker may have taken advantage of this issue, although that has […]
Bitcoin mining hardware manufacturer Butterfly Labs, has agreed to settle a dispute with the FTC, which accused the company of deceiving customers. According to the FTC’s complaint – which was filed on the 18th of September in 2014 – Butterfly Labs misrepresented the profitability of their mining machines, and also kept customer’s pre-payments without delivering […]
The US Federal Trade Commission says it has reached a settlement with bitcoin mining firm Butterfly Labs after it sued the company in 2014.
This past Monday the June 22nd the FTC Commission published a blog posting warning consumers about the use of bitcoins and other virtual currencies. The FTC states that the warning should be a call to action for those accepting or facilitating the acceptance of bitcoin and other virtual currencies in consumer transactions. The June 22 […]
The US Federal Trade Commission has penned a new blog post aiming to give advice to consumers who may pay for products with digital currency.
Butterfly Labs argued successfully in court yesterday that the order to remain closed had irreparably harmed their company, convincing the Judge to agree to allow them to continue operations under cou
Amid the FTC injunction of Butterfly Labs additional insight was gleaned about the operations of the company. Butterfly Labs (BFL) sells high-performance computers that are designed solely for mining Bitcoin. BFL operated primarily on a pre-order basis that meant customers knew they would be ordering a product that would not be ready for some time–but […]