WorldPingFederal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingRegulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingA Florida man is facing fresh charges from the CFTC after the agency says he misappropriated $48 million dollars of customers' money.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin Magazine CFTC Charges Goliath Ventures With $400M Bitcoin Fraud Regulator says roughly 1,600 customers lost money in Bitcoin and crypto operation whose CEO has already pleaded guilty This post CFTC Charges Goliath Ventures With $400M Bitcoin…
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingAustralia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingAs far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has scheduled an open meeting for Friday, Aug.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin Magazine Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay A vote on the Clarity Act last week stalled. Still, pro-crypto regulators have now said they aim to unveil plans to help the digital asset space.
Brief by WorldPing · Original reporting by Bitcoin Magazine
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