Edward Snowden Slams SEC Chief Gary Gensler for False Bitcoin ETF Announcement: Details

False news of Bitcoin ETF approval sent ripples through financial world

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Fact Check: BlackRock Debunks False Spot Bitcoin ETF Approval Report

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88% of Crypto Volume Could Be False: Is Bitcoin Price Drop Inevitable?

If you take one look at Coin Market Cap, it becomes easily apparent that cryptocurrency trading is reaching multi-month highs. However, researchers claim that many established crypto exchanges are reporting billions in false volume each and every day, potentially setting precedent for a nasty drop in the Bitcoin price.

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Profitable Cryptocurrency Trading Tips For When Bitcoin’s Price Drops

One of the most common misconceptions regarding the crypto space is that it is impossible to make a profit when the crypto prices are dropping. This is a false assumption, especially when it comes to Bitcoin (BTC).

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Man Behind “My Big Coin” Scam Charged by DOJ

A New York Man has been charged with four counts of wire fraud and three counts of unlawful monetary transactions after peddling a false coin to investors, the Department of Justice revealed on February 27, 2019.

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Bitcoin Scammers Take Advantage of Already-Dismal Square Earnings

Just when Jack Dorsey’s week was starting to look up, he must contend with yet another cryptocurrency giveaway scam. But while Twitter has long been rife with these fraudulent schemes, this particular bitcoin scam targets his other company – digital payments firm Square.

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Bitcoin Price Crawls Past $3,800 – But You Shouldn’t Trust This False Recovery

The bitcoin price started Monday with a small recovery to compensate for Sunday’s massive losses, but crypto investors shouldn’t get their hopes up. Bitcoin (BTC/USD) established its intraday high at $3,861, up around 1 percent for the 24-hour period.

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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019

Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.

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Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are Securities

After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U. S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities.

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Court Reconsiders Ruling After SEC Proves Tokens Are Securities

After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U. S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities.

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Measuring the Madness Between Satoshi Nakamoto, Craig Wright and WikiLeaks Proof of Evidence

Craig Wright knows how to make noise around himself and his products, even if those products are unworthy of the hype or the claims about himself (such as calling himself the real Satoshi) are false.

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Exclusive: Bitcoin Cash Developer Amaury Sechet Comes Clean on Satoshi Claims

CCN finally caught up with Bitcoin Cash lead developer Amaury Sechet, who recently graced our headlines with a bit of a stunt: claiming to be Satoshi Nakamoto. Amaury Sechet: I Didn’t Create Bitcoin Obviously, this was our first question for him.

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Stellar [XLM] Price Prediction: Does the Low Volume Indicate That This Was a False Breakout?

Long-Term Outlook A look at the Weekly chart for Stellar in logarithmic form shows that price is trading at $0. 077, slightly below the 200-Period MA and very close to the major support area formed by the highs of April 2017  at $0.

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Dutch Bank ABN AMRO Isn’t Opening up a Bitcoin Wallet Yet, But Surveys Customers for Potential Plans

Earlier this month, there had been some speculation that ABN AMRO would be launching their own Cryptocurrency wallet. However, the rumors have since been clarified by the Dutch Bank as false. It all started last week when the bank Implied on Twitter that they would be trying out a new Cryptocurrency wallet called ‘Wallis’ with […]

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Bitcoin Scammers Make Their Way to BBC, Disguising False News Websites to Mine Bitcoin

Hackers seem to always find a way to trick consumers, but the use of false websites and networked computers make it possible for them infiltrate for mining profits. In a new hacking situation, scammers have programmed illegitimate BBC News websites to perform mining for Bitcoin rewards. This scam was found by researchers at the first […]

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Who Created Bitcoin?

Bitcoin was created by Satoshi Nakamoto, (almost certainly) a pseudonym, that no one has been able to conclusively connect to an actual person or group of people to this day.

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The January Effect and New Capital: Why Bitcoin (BTC) and other Cryptos Are in the Green

Many crypto enthusiast and traders were aware that there might be massive volatility as we headed into the Holiday Season of 2018. Many had expected a Santa Claus rally or a false breakout as many traders were cashing out to spend time with family.

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Bitcoin (BTC) is Setup to be a Recession Reviver or a False Messiah in the Making

Historically, in the US, the actions of the federal reserve has had a massive bearing on the economy. In a contracting economy, a lower interest rate might get companies to borrow more and inject the money needed to buoy it up.

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Bitcoin scammers steal identity of television host in New Zealand

A television host in New Zealand has denounced Bitcoin scammers for impersonating him to fraudulently market a dodgy cryptocurrency business. In a sharp message, breakfast host Daniel Faitaua made it perfectly clear: he has never owned any Bitcoin, and any websites stating otherwise are absolutely false, local media reports.

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Coinbase Faces New Class Action Lawsuit for Alleged BCH Insider Trading

CoinSpeaker Coinbase Faces New Class Action Lawsuit for Alleged BCH Insider Trading The plaintiff has charged Coinbase for making false and deceptive statements on the rollout of Bitcoin Cash last year after the Bitcoin hard fork.

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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms

Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18.

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Bitcoin Cash splits after hardfork

On November 15, the hardfork was activated in the Bitcoin Cash network, with the split occurring after the fork. Despite the efforts of Craig “False Satoshi” Wright, the BCHSV token supported by him loses price battle to its competitor BCHABC token.

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Early Win for Shrem: Judge Unfreezes Assets in Winklevoss Lawsuit

In a short-term win for bitcoin advocate Charlie Shrem, a federal judge has lifted the freeze on Shrem’s financial accounts in an ongoing legal battle against the Winklevoss twins.

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Rumors of RippleNet’s Integration with SWIFT Are False

A rumor on the Internet about RippleNet integrating with the SWIFT Network gained traction, driving up the price of Ripple’s token (XRP) to $0. 55 on November 6, 2018. According to a PYMNT’s article published on November 7, 2018, the rumor was quickly denied by a SWIFT spokesperson who mentioned that SWIFT’s technical update is entirely unrelated to Ripple.

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Gwyneth Paltrow’s ‘endorsement’ of cryptocurrency is a shameless ad

Fresh off its false advertising controversy, Gwyneth Paltrow’s lifestyle brand Goop is now encouraging people to learn more about the fundamentals of Bitcoin and cryptocurrency – and how they can make their first investment.

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SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud

The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases.

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Ezekiel Osborne: How Did an Allegedly Notorious Crypto Scammer Make It Onto Forbes Middle East Cover?

Mounting pump and dump schemes, scamming cryptocurrency investors with phony embezzlements, false claims, and misleading allegations, all are among a list of actions Ezekiel Osborne is suspected to have carried out.

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SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims

The U. S. Securities and Exchange Commission (SEC) has suspended trading in a firm for making several false cryptocurrency-related claims. Among them are the firm’s partnership with an SEC qualified custodian, regulated cryptocurrency transactions, and tokens that are fully registered with the commission.

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U.S. SEC Investigates Nevada-based Company Over False Regulatory Claims

The U. S. Securities and Exchange Commission (SEC) issued a suspension of trading in the Securities of Nevada-based American Retail Group, also known as Simex Inc. According to a press release published October 22, 2018, the company falsely claimed that they partnered with an SEC-qualified custodian and had registered their token offering in accordance to SEC requirements and regulations.

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Crypto Ponzi Scammer Ordered to Pay $2.5 Million for Duping Investors

On October 18, the U. S. Securities and Exchange Commission (SEC) ordered a New York-based firm Gelfman Blueprint, Inc. and CEO Nicholas Gelfman to pay $2. 5 million in fines and restitution for running a Bitcoin Ponzi scheme.

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[VIDEO] October 18th Latest Bitcoin and Cryptocurrency News For Today

Nouriel Roubini's Twitter Rampage Filled with False Claims and Absurd Data on Bitcoin Nouriel Roubini's Twitter Rampage Filled with False Claims and Absurd Data on Bitcoin No Scaling Issues for Ethereum Only Bitcoin Claims Comma.

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Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated

A recent report in the local Indian media which stated that holding crypto assets might invoke punishment by the legal authorities in the country didn’t bode too well with the global crypto community.

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Nouriel Roubini’s Twitter Rampage Filled with False Claims and Absurd Data on Bitcoin

Nouriel Roubini Couldn’t Convince With Absurd Data on Bitcoin The recognized economist, Nouriel Roubini, has been recently attacking the crypto space and blockchain technology. He had some discussions with Vitalik Buterin and was present at the Senate Banking Committee hearing on cryptocurrencies.

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Class Action Suits Launched Against Cryptocurrency Mining Investment Company

The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.

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Bitcoin (BTC): A Method To The Madness

Bitcoin (BTC) does not just go up and down, breaks supports and resistances based on sudden whims. Most traders are so focused on the 15 min chart that they miss the big picture. They fail to realize that major trading on exchanges is done by algorithmic bots.

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Suspected Mastermind Behind $24 Million Bitcoin Fraud Arrested by Thai Police

The Bangkok Post reports that the prime suspect in an ongoing investigation surrounding a $24 million Bitcoin scam has been arrested. Prinya Jaravijit is believed to have swindled Finnish investor Aarni Otava Saarimaa with false claims that Saarimaa’s multi-million dollar investment was going towards a series of stock investments in Thailand.

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SEC Obtains Emergency Court Order to Halt Questionable ICO

The U. S. Securities and Exchange Commission (SEC) has obtained an emergency court order issuing the stoppage of a recently planned initial coin offering (ICO) by Blockvest LLC and its founder Reginald Buddy Ringgold III, who falsely advertised that the token sale was approved by the SEC.

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Ethereum (ETH) Remains In The Safe Zone, No Cause For Concern Yet

Chart for ETH/USD (4H) Ethereum (ETH) investors have nothing to worry about. The recent decline in Ethereum (ETH) sure was frightful. It is alarming to see the price of an asset decline by more than 10% in a single day.

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Eos (EOS) Investors Unmoved By Bitcoin (BTC) Selloff

Chart for EOS/USD (1W) Cryptocurrency markets plunge deep in the red, dancing to the tune of Bitcoin (BTC). Eos (EOS) investors are not moved by this confusion. In fact, as the above weekly chart for EOS/USD shows, the price of Eos (EOS) has not corrected the same way as the rest of the market.

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Philippines to deport fugitives to South Korea for $33M Bitcoin scam

Filipino authorities have advanced on international criminals suspected of running a large-scale Bitcoin pyramid scheme. Authorities have detained two of the six individuals thought to have defrauded South Korean investors for over $33 million, while the others remain on the run.

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Shapeshift CEO Responds to Wall Street Journal Laundering Claims

Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism.

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Federal Judge Rules Cryptocurrency MBC Is a Commodity

In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.

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Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge

Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.

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Securing a Major Exchange Listing Is No Guarantee of Success

It is widely assumed that securing listing on a major cryptocurrency exchange will ensure an altcoin’s long-term success. Many ICO buyers and project leaders believe this to be pivotal in determining their token’s fate.

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China During Crypto Ban: One Woman Tries to Live on Bitcoin

Close to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and, yes, even peer-to-peer, yet the clearly untrue ‘hard’ narrative is […] The post China During Crypto Ban: One Woman Tries to Live on Bitcoin appeared first on Bitcoin News.

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Texas Securities Commission Issues Cease and Desist to Stop Cryptocurrency Scams

Russian cryptocurrency mining firm Coins Miner Investments, and Belize cryptocurrency wallet company Digital Bank were recently issued cease and desist orders by the Texas Securities Commissioner (TSC).

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Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value

Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way.

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Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders

Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.

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Texas State Securities Board Uncovers Three New Crypto and ICO Scams

The Texas State Securities Board issued three emergency cease and desist orders Tuesday, Sept. 18, to shut down a Russian cryptocurrency scam, charge DigitalBank and two principals for threatening immediate and irreparable harm to the public, and charge a forex and Bitcoin trader of guaranteeing false ROIs, respectively.

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