The news around cryptocurrency exchanges are not always exciting, as the most common news is about stolen funds and illegal activity. Just recently, hackers stole $40 million worth of crypto from Binance. As Leaprate reported back in May, 2019: "The stolen amount is equal to 7,000 Bitcoins. Not only did the hackers steal the staggering…
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The Securities and Exchange Commission (SEC) announced that it has charged a New York City man with continuing a previously charged scheme. According to the US regulator, James Siniscalchi, Chief Compliance Officer, at a firm, claiming to have special access to profitable and highly sought-after event tickets, knowingly misused investor money to benefit himself and…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Smart Financial Markets. Smart Financial Markets Phone: 0061243921782, 0061246814442, 0061245288808, 0061209644932, 0061205665521 The FMA informed the public that it has received a report that representatives from Smart Financial Markets are cold-calling New Zealand residents, claiming to be dually registered…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Aragon Loans. Aragon Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Property Option Investing. Property Option Investing is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Wildex Investment Limited. Associated entities individuals: Wildex Investments Address: 26FL, FWD Financial Centre, 308-320 Des Veoux Road, Sheung Wan, Hong Kong Website: www.Wildexinvestment.com Phone: +85221270667 Email: [email protected] The FMA recommends exercising caution before dealing with Wildex Investment Limited and…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Tasbir Singh. Tasbir Singh is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning against a suspicious entity named Canada Bitcoin Exchange Inc. Canada Bitcoin Exchange Inc. (CBE) is operating via the website http://www.canadabitcoinexchange.net and claims to offer four “Investment Plans”, with returns ranging from 3,586% to 7,985% after 24 to 48 hours. CBE, however, is not…
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There are absolutely a lot of dubious ICOs out there - more than 70% of all ICOs created and funded in 2017 and 2018 are gone, and with them, the money of the investors. The problem is that while there is always risk with investing, especially in something as speculative as an ICO, founders should…
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2018 was definitely the year of cryptocurrency thefts and cybercrimes. According to a report from CipherTrace, a US cyber security company, the thefts in 2018 increased by the staggering 400%, to the jaw-dropping amount of $1.7 billion. Of the total $1.7 billion, $950 million come from cryptocurrency exchange thefts and wallets. The total amount of…
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