Auto Added by WPeMatico

FBI Cracks Down on Illegal Gambling Network Using Fake Crypto

A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange…

Continue ReadingFBI Cracks Down on Illegal Gambling Network Using Fake Crypto

Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for…

Continue ReadingClucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related…

Continue ReadingLatam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires