Tag: Action

Markets Update: Traders Expecting Major BCH Action When Exchanges Open

Markets Update: Traders Expecting Major BCH Action When Exchanges Open It’s been a pretty hectic week for cryptocurrency enthusiasts as the infamous Bitcoin Cash hash war has unfolded. Overall, the cryptocurrency economy has lost billions since our last markets update, with the entire market worth roughly $ 188 billion on […]

Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit

Texas Takes Action Against Cryptocurrency Mining Company Promising 200% Profit The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit.” Also […]

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker Three U.S. agencies have taken action against international bitcoin-funded securities dealer 1pool Ltd., aka 1Broker. The Securities and Exchange Commission (SEC) says 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says it violated the Commodity Exchange Act. […]

US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless […]

SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’

SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’ The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it has taken action against two cryptocurrency firms. Both mark the “first-ever” action of their kind by the Commission. One is against a firm which claims to offer the […]