Federal prosecutors unsealed an indictment Tuesday charging four men whose cryptocurrency mining operation operated as a “high-tech Ponzi scheme” that bilked investors out of $722 million.
Read moreAn investor claims in federal court that Worldwide Cryptocurrency Investments, of Los Angeles; Nickelbex, of Hong Kong; Edward Corpus Reyes, of Los Angeles; and Alfred Anthony Talahuron, of Temecula, Calif., owe him $10 million from a bitcoin scam.
Read moreStruggling to soothe antitrust and privacy concerns over the wallet app designed for Facebook’s digital currency Libra, CEO Mark Zuckerberg found few friendly faces Wednesday at a hearing of the House Financial Services Committee.
Read moreThe Commodity Futures Trading Commission brought a federal complaint against Rust Rare Coin, saying it defrauded people of $200 million in bogus silver investments.
Read moreA federal class action claims that Ifinex, Tether Holdings, et al. pushed a fraudulent cryptocurrency scheme that was “part fraud, part pump-and-dump, and part money laundering.”
Read moreA Russian man has filed a lawsuit against Apple for moral harm claiming that an iPhone app had turned him gay, according to a copy of the complaint seen by AFP.
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The parent company of the New York Stock Exchange on Sunday began offering investors the option to trade Bitcoin, giving the pioneer cryptocurrency mainstream recognition.
Read moreFrance warned Thursday it will block development of Facebook’s planned Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments.
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The pound dropped Tuesday to its lowest level against the dollar since 1985, excluding a brief “flash crash” in 2016 that may have been caused by technical glitches, as international investors fret over a political showdown over Brexit this week.
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China’s currency weakened again Wednesday after hopes among financial traders that its decline was stabilizing helped to calm jittery global markets.
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Asian stocks followed Wall Street lower on Tuesday after China let its currency sink and halted purchases of U.S. farm goods, fueling fears Beijing’s trade war with President Donald Trump will harm the global economy.
Read moreA federal judge refused to dismiss class claims that Chase Bank improperly classified the acquisition of cryptocurrency as “cash advances” to charge higher fees.
Read moreA federal judge in California has given a cryptocurrency entrepreneur another shot to make his case that AT&T’s negligence allowed hackers to steal $24 million in digital currency.
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The Trump administration is objecting to France’s plan to tax Facebook, Google and other U.S. tech giants, a rift that’s overshadowing talks between seven longtime allies near Paris this week on issues ranging from digital currencies to trade.
Read moreFacebook’s plan to create a financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Trump, his treasury secretary and the head of the Federal Reserve.
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Codebreaker and computing pioneer Alan Turing has been chosen as the face of Britain’s new 50 pound note, the Bank of England announced Monday.
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A Japanese cryptocurrency exchange has reported a hack causing the loss of $32 million worth of virtual money.
Read moreThe governor of the Bank of England is backing Facebook’s new cryptocurrency, the Libra, saying it could unlock billions of dollars in new financing and spur development in Great Britain and beyond.
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