Tag Archive: FTC

  • ransomware Bitcoin, Legislation

    The FTC Just Gave Us Simple Advice for Preventing Ransomware

    A Federal Trade Commission (FTC) panel said on Wednesday that while the threat of ransomware can be scary, simple “cyber hygiene,” or in other words, routine and basic security measures, are often enough to sufficiently counter these online attacks. Also read: Innocoin Co-Founder Talks Details on Crypto Trading Service FTC Panel Talks Ransomware Nevertheless, the panel did not want to downplay the threat, or the damage ransomware has caused everyday users who have been victimized by

    · September 9, 2016 · 11:26 am
  • Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News

    FTC Settles With Butterfly Labs for $38 Million

    The Federal Trade Commission (FTC) has reported the Bitcoin miner manufacturer Butterfly Labs has negotiated a settlement concerning the defunct company’s operations. The officials say that Sonny Vleisides, Jody Drake, and Nasser Ghoseiri deceived the public with its products availability and profitability. Also read: itBit to Expand Blockchain Operations Abroad Butterfly Labs Agrees to Settle but Judgment Will be Suspended Butterfly Labs management has decided to settle with the Trade Commission for partially suspended monetary

    · February 18, 2016 · 3:09 pm