Tag Archive: altcoin scams

  • Italy Takes Labels OneCoin a Ponzi Scheme, Levies €2.5 Million Fine Altcoin News, Legislation, News, News teaser

    Italy Labels OneCoin a Ponzi Scheme, Levies €2.5 Million Fine

    Now fully exposed as a fraudulent pyramid scheme, Italian authorities have labeled OneCoin a Ponzi scheme and imposed a fine of  €2.5 million for the company to pay. While Hungary and other countries have merely banned or taken OneCoin to court, Italy has stepped up and become one of the first countries to take a hardline stance against the company. This seems to be the first instance where a government, in this case, Italy’s, acting

    · August 11, 2017 · 10:15 pm
  • Hungary's Central Bank Cracks Down on OneCoin Altcoin News, Altcoins, News

    Hungary’s Central Bank Cracks Down on OneCoin

    Hungary is the latest to take legal action against OneCoin as the country’s central bank organizes task force against the cryptocurrency scheme. The OneCoin Task Force Following India and Germany, Hungary is the most recent country to mount a crackdown on the OneCoin scheme. Following several warnings issued regarding the nature of dangerous nature OneCoin, the Hungarian central bank, Magyar Nemzeti Bank (MNB) is now assembling a task force aimed at dismantling the OneCoin operation. Announced

    · May 10, 2017 · 3:00 pm
  • GAW Bitcoin, Breaking Bitcoin News, Breaking News, Mining, News teaser, Trending

    GAW Gets Sued: Josh Garza Faces Class-Action Suit Over Scams

    A class action suit has been filed against Joshua Garza, Stuart Fraser, and GAW Miners, LLC.   Also read: Hillary Clinton Vocally Supports State Surveillance This suit comes following the months-long legal proceedings involving the company, including a breach of contract suit from Mississippi Power Company over nearly $350,000 USD in unpaid electricity bills, and the SEC charging Garza and the company with security fraud in December of 2015. The formal complaint filed yesterday is

    · June 18, 2016 · 1:55 am