Cardano (ADA) Users Targeted as Latest in Series of Youtube ‘Giveaway’ Scams Previous giveaway scams have used BTC, ETH, XRP, and other cryptocurrencies, as well as cryptocurrency exchanges.
Four Detained in Bulgaria in Large €80M Binary Options Fraud Three Bulgarians and one German national have been detained in Bulgaria.
CEO of Blue Bit Banc & Co. to Pay Millions in Penalties Blake Kantor, along with other defendants, were given permanent trading restrictions.
Lissa Mel Gets 12 Months in Prison on Yukom Binary Options Plot The Israeli citizen also was ordered by the US court jury to pay victims a restitution of $288,024.
CFTC Launches $103m Case Against Binary Firms Four Israelis and five companies were named in the regulator's civil enforcement action
Brokers on the Edge, Binary Practices Exposed: Editor’s Pick Stay on top of the most interesting FX and crypto news over the past week.
US Trial Opens for Alleged Binary Options Fraudster Lee Elbaz Lee Elbaz was charged with three counts of wire fraud, and one count of conspiracy to commit wire fraud.
CFTC Attacks Social Media Scams The US regulator said that scammers "typically flaunt wealth or brag about their huge 'win' percentages"
BBB Binary Options Scheme Operator Gets 86 Months’ in Prison Blake Kantor pleaded guilty to operating a scheme to scam investors of Blue Bit Banc and Blue Bit Analytics.
CySEC Warns Against Go Capital FX and World Binary Option The regulator states that the entities are not authorised to operate in Cyprus.
Scharfted: DOJ Calls for Victims’ Testimony in Citrades Case US authorities have requested victim statements in the run up to Ex-CEO Jason Scharf's sentencing in September
Clone Firm of Nadex is Targeting Clients on Social Media The exchange has warned its users not to deal with the Nadex Investment Team.
AMF Blacklists Several FX, Binary Options, and Crypto Brokers The one size fits all reasoning that the AMF gives is that these companies might be running scam operations.
Citrades CEO Pleads Guilty to Running $8 Million Binary Option Scam Scharf was the operator of citrades.com and orchestrated advertising campaigns that lured investors to the site.
Central Bank of Ireland: Watch out for 365BinaryOption The central bank is the latest financial institution to warn against the broker.
FSC Warns Against 247 Options Trade for Second Time in 12 Months Someone purporting to work for the broker has been using a fake FSC license.
Scamming the Scammed – ‘Recovery Experts’ Target Binary Options Victims Fraudsters are promising individuals who lost money to binary options scams that they will get their money back
Scam Artists? FCA Issues Warning Against FX and Binary Options Brokers The British regulator warns against trading with SolidCFD, StratX, Options Stars Global and XFR Financial
FCA Adds BECFD, SW1 Options to Warning List Companies were flagged for offering currency trading services to UK citizens without license