Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses
The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this…
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Finiko Founder Doronin Offers to Testify Against 44 Accomplices at Crypto Pyramid
Kirill Doronin, mastermind of the Russian crypto Ponzi scheme Finiko, has proposed to testify against dozens of his former associates he claims violated his order to accept only cryptocurrency from…
Onecoin Victims Petition Bulgaria for Seizure of Assets and Compensation
A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still…
Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The…
Puerto Rico sees resurgence of interest among crypto rich
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper.
Cryptoeats Disappears After Raising £500K From Token Sale
Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup…
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to…
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes…
Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian…
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.