Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme,” which netted an estimated $8.4 million from victims.
Related Posts
Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase
Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving. This is very much reminiscent of early 2017 when Bitcoin hit $1,180 for the second time, triggering a catastrophic sell-off causing the top-ranked cryptocurrency to fall by nearly 40% in a single day. It was over, Bitcoin was declared…
Over 600 Bitcoin ATMs went offline globally in 2 months
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.
US state dept urges El Salvador to be ‘responsible’ about Bitcoin adoption
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. 354 Total views 1 Total shares The U.S. Department of State’s Under Secretary of State for Political Affairs Victoria Nuland said El Salvador should ensure Bitcoin is well regulated…
China’s central bank proposes to monitor metaverse and NFTs
The metaverse and NFTs are in the crosshairs of the People’s Bank of China, which wants to track them with Anti-Money Laundering tools. 1182 Total views 13 Total shares China’s crackdown on crypto is expanding into the metaverse and nonfungible tokens (NFT), an executive at the People’s Bank of China (PBoC) recently implied.Speaking at a…
BitMEX to Compensate Users Affected by Unforeseen Auto-Deleveraging After Bitcoin Bullrun
Cryptocurrency trading platform BitMEX will refund users who lost money during this week’s Bitcoin (BTC) bull run after technical problems affected its contracts, the company confirmed in a press release updated April 3.BitMEX, which offers various leveraged trading products for Bitcoin and other cryptocurrencies, had automatically closed some clients’ positions as the Bitcoin and Ethereum…
Bitcoin price faces key moving average showdown 3 weeks after breakout
Bitcoin (BTC) saw no relief at the Feb. 10 Wall Street open as United States equities dipped further.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“All eyes” on 200-day moving averagesData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tracked sideways following a volatile 24 hours of trading.Existing market weakness was compounded by an announcement…
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 7
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The sharp drop in Bitcoin’s volatility at a time when the…
Ripple CEO criticizes India’s looming crypto ban
‘Disappointing to see India flip-flop on crypto,’ Garlinghouse stated. Indian government officials are reportedly planning to discuss a new bill whose legal framework would ban cryptocurrencies on the subcontinent. According to a Sept. 15 report from Bloomberg, the Indian federal cabinet is considering a law banning crypto six months after courts lifted a blanket ban. Anonymous…