Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck – Interview Bitcoin News

While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called...

SEC Alleges American CryptoFed Due to Misleading Crypto Asset Offers

Exchange News American CryptoFed filed a Form S-1 registration statement on September 17, 2021. The SEC aims to prevent the registration of deceptive cryptocurrency asset offerings. The American Crypt...

White House Deletes Misleading Tweet Giving Biden Credit For Social Security Check Raise

Topline The White House deleted a tweet Wednesday crediting President Joe Biden for a forthcoming increase in monthly Social Security payments for seniors, following widespread backlash that led to a ...

Australia’s ASIC Charges Crypto Firm With Misleading Claims

4 hours ago | 2 mins read Altcoin News Qoin was founded by Raj Pathak and Tony Weise in 2020. ASIC claims the firm misrepresented the regulatory approval of Qoin Facility in Australia. Authorities in ...

Information On Bitcoin’s Energy Use May Be Misleading 

BTC Price at the time of writing – $20,138.89 Bitcoin mining could become a clean – Michael Saylor  PoW BTC mining is energy efficient – Experts In front of Ethereum’s progress to evidence of-stake (P...

The U.S. Regulator Alleges Celsius for Misleading Investors

Vermont Regulators alleges that Celsius is misleading the crypto investors. The regulator claimed that the Company’s Chief Executive has made false claims to investors about the company’s ...

Vermont regulators accuse Celsius of misleading investors

Join Our Telegram channel to stay up to date on breaking news coverage Vermont regulators have accused struggling crypto lending firm Celsius of misleading investors. The regulators opined that the fi...

Celsius Accused of Misleading Investors by U.S. Regulators

Alex Dovbnya Celsius is under fresh regulatory scrutiny in the US following the firm’s collapse According to a Friday report by The Wall Street Journal, Vermont regulators believe that embattled...

Regulators Call Out Celsius Crypto Lender for Misleading Investors Over Financial Trouble – crypto.news

Crypto lender Celsius continues to face more scrutiny from regulators amid its bankruptcy crisis. On Wednesday, the circumstances leading to the firm’s failure came to question that it allegedly hid i...

Vermont State Regulator Says Celsius CEO Made ‘False and Misleading’ Claims to Investors on Social Media

Vermont’s financial regulator is accusing the CEO of embattled crypto brokerage Celsius Network of making false and misleading claims regarding the company’s financial health and compliance with secur...

‘Love Island’ Twins Warned By UK Watchdog To Behave For Misleading Crypto Ads

Cryptocurrency can be an eye-candy and “love island” to some people. It feels and looks new, and most often than not, intriguing – if not provocative. Crypto easily conjures up heavy ounces of tech th...

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diff...

US Federal Deposit Insurance Corporation Warns 5 Crypto Firms Against Misleading Customers ⋆ ZyCrypto

Advertisement &nbsp &nbsp The US Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five crypto firms for allegedly misleading customers about...

FDIC Accused Five Crypto Firms Including FTX.US for Misleading Marketing

Cryptocurrencies are experiencing one of the best times in terms of their popularity and adoption among individuals and institutions. Marketing and advertisements play an important role to make this p...

FTX US Spread False or Misleading Statements About FDIC

FDIC sent a cease and desist letter to FTX Crypto companies for spreading false or misleading statements FTX US may have violated FDIC laws On August 19, The Federal Deposit Insurance Corporation (FDI...

FDIC Issues Cease-And-Desist Order to FTX US and Other Crypto Firms Over Misleading Information – crypto.news

The United States Federal Deposit Insurance Corporation (FDIC) has handed a cease-and-desist letter to FTX and four other crypto entities over false claims on deposit insurance. As a result, FTX US, C...

FDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit Protection

The Federal Deposit Insurance Corporation (FDIC), a US government agency tasked with stabilizing the financial system in the event of bank failures, on Friday issued five cease-and-desist letters dema...

FDIC Warns Sam Bankman-Fried-Led FTX Over Misleading Claims

The US Federal Deposit Insurance Corporation issued warning letters to FTX and four other crypto firms.  The letters from the FDIC demanded that the exchange stop making false claims about deposit ins...

Is BAYC Misleading Investors With Bogus NFT IP Claims?

BAYC (Bored Ape Yacht Club) is one of the most notable NFT collections within the crypto space. NFTs have gained traction in recent years, as several celebrities such as rapper Snoop Dogg show increas...

FTX US Spread False or Misleading Statements About FDIC-insured Products, Regulator Says

On August 19, The Federal Deposit Insurance Corporation (FDIC) issued various cease and desist letters to five cryptocurrency companies including FTX US, owned by the crypto billionaire Sam Bankman-Fr...

FDIC Accuses FTX US of Making Misleading Statements

Harrison tweeted on July 20 that “direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the users’ names” FTX is also falsely identified as an FDIC-insured ...

FDIC Orders Crypto Exchange FTX US, 4 Others to Cease ‘Misleading’ Claims

“These statements appear to contain false and misleading representations that uninsured products are insured by the FDIC, as well as false and misleading statements about the extent and manner o...

20-Year Old Arrested for Misleading Friends in $240k Crypto Investment

A 20-year-old male in Singapore has been arrested and charged for allegedly misusing the $240,000 he collected from his schoolmates instead of investing it to invest in crypto. Young Lads Tricks Schoo...

Arsenal Loses Appeal Over Misleading Crypto Advertising

Premier League giants Arsenal F.C. have lost an appeal and been given a second warning by the U.K.’s Advertising Standards Authority (ASA) over the “misleading” marketing of non-fungible tokens (NFTs)...

Rising Unemployment Claims Signal ‘Rapid Deterioration’ In Job Market—But Here’s Why The Data May Be Misleading

Topline New jobless claims rose to the highest level in nine months last week as a growing number of firms continue to announce layoffs, but analysts aren’t so sure the seemingly rapid deteriora...

Coinbase Made ‘False and Misleading Statements’ About Its Business, Lawsuits Allege

Crypto exchange Coinbase has been hit with two separate class-action lawsuits on Thursday. Each allege the company made “false and misleading statements” regarding the nature of its operations. Each s...

FCA Introduces Stricter Crypto Guidelines to Prohibited Misleading Ads

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is about to tighten its grip on misleading cryptocurrency ads. According to a news release, the new guidelines would see...

U.K.’s FCA Introduces Stricter Guidelines To Combat Misleading Crypto Ads – crypto.news

The United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA), is on the verge of tightening its stranglehold against misleading advertisements in the crypto space.  According to a pr...

Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims

The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC says it’s co...

U.S. Banking Regulators Order Voyager to Remove Misleading Insurance Statements  – crypto.news

Amid the troubles surrounding cryptocurrency lender Voyager Digital, United States banking regulatory bodies have ordered the company to correct misleading statements suggesting that customers’ funds ...

US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims

The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) issued a joint cease-and-desist letter to crypto firm Voyager Digital over past claims regarding depository insurance. The t...

Fed, FDIC Order Voyager to Stop ‘False and Misleading’ Insurance Claims

U.S. banking regulators from the Federal Reserve and Federal Deposit Insurance Corporation issued a cease and desist order to embattled crypto firm Voyager Digital on Thursday. The agencies accuse Voy...