Displaying results 141 - 150 of 286
CFTC Customer Advisory Cautions the Public to Beware of Artificial Intelligence Scams
… Republic of South Africa, stole more than $1.7 billion in bitcoin from at least 23,000 people using a few websites, as … Facebook, Instagram, and YouTube. For as little as $100 in bitcoin, and with “no trading experience required,” … tens of millions of dollars and, in one case, nearly 30,000 bitcoins—worth about $1.7 billion at the time. [1] Before …
Statement of Commissioner Christy Goldsmith Romero: Arming Crypto Customers with Free Tools to Protect Themselves from Becoming a Victim
… defendant fraudulently solicited $2.27 million in customer Bitcoin that he promised to trade on a leveraged basis.  He … pool participant that one client invested $100,000 worth of Bitcoin and cashed out $2.7 million.  Instead, he lost …
Testimony of Chairman J. Christopher Giancarlo before the House Committee on Agriculture, Washington, D.C.
… working with partners to spread the word about the CFTC’s Bitcoin and virtual currency resources. OCEO is conducting … all of which are located on the Commission’s dedicated “Bitcoin” web page at https://www.cftc.gov/Bitcoin .   Launched on December 15, 2017, the web page …
CFTC Talks EP016: Jack Ablin, Chief Investment Officer BMO Private Bank
… to anticipate in 2018. Low vol, #stocks #commodities & #Bitcoin all discussed. … CFTC Talks EP016: Jack Ablin, Chief …
CFTC Talks EP054: Robert Shiller, Yale University
… market movements.  Great Depression, Great Recession and Bitcoin all discussed. … CFTC Talks EP054: Robert Shiller, …
Remarks for Commissioner Rostin Behnam at the BFI Summit “Fostering Open, Transparent, Competitive, and Financially Sound Markets”, United Nations Plaza, New York, NY
… regulators in 21st century digital markets. Regulation of Bitcoin Another example is regulation.  In 2018, two …   They have declared the 2017 heightened valuation of Bitcoin to be a bubble similar to the famous “Tulip Bubble” … 2015, the CFTC determined that virtual currencies, such as Bitcoin, met the definition of “commodity” under the …
Federal Court Finds that Virtual Currencies Are Commodities
… trading in virtual currencies (specifically involving Bitcoin).”  According to the Court, the term “commodity” … or speculating in virtual currencies or recently launched Bitcoin futures and options.  The CFTC has also issued …
Statement of Commissioner Kristin N. Johnson Regarding Fraud and Misappropriation by a Digital Asset Ponzi Scheme
… fraudulent digital asset scheme by promising to trade the Bitcoin and Ether that investors deposited and ensure a … investors. In total, investors transferred over 750 Bitcoin and 2,000 Ether to Defendants worth more than $7 …
CFTC Customer Advisory Highlights What Customers Should Know Before Trading Over-the-Counter Forex
… soliciting customers on social media; requiring payment in bitcoin or other digital assets; manipulating currency … pairs or 5 percent for other pairs). Accepting only bitcoin, ethereum, or other digital assets as payment. …
Statement of Commissioner Kristin Johnson Regarding the CFTC Charging Commodity Pool Operators and a Florida Company with Fraudulent Solicitation of $41.6 Million
… accounts using cryptocurrencies, including, among others, bitcoin, ether, and tether. Defendants misrepresented their …