Tag Archives for " bitconnect "

Google Bans Cryptocurrency Ads, But Bitcoin Not Affected

Allen Scott · March 14, 2018 · 4:15 am Following in the footsteps of Facebook, Google has announced it will ban cryptocurrency and initial coin offering (ICO) promotional material from its ad platform. Google Cracks Down on Sketchy ICOs & Crypto Ads Alphabet Inc.’s Google explained the new policy will go into effect in June […]

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John Oliver Tackles Cryptocurrency on Last Week Tonight

Featured On Sunday evening, John Oliver devoted 25 minutes to cryptocurrency on his eponymous HBO Show. The comedian and political commentator treated viewers to a whistle stop tour of crypto – the good, the bad, and the ugly – during Last Week Tonight with John Oliver on HBO. Topics included decentralization, Bitconnect, and blockchain. Also […]

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Cryptocurrency Trader Sues T-Mobile for Giving Hackers Control of His Account

Security Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their holdings do so as well. In a recent federal court case, a T-Mobile client claims that […]

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‘Prices Will Go Off Around March and April’

Allen Scott · February 4, 2018 · 3:00 am Bitcoinist spoke to David Drake, Chairman of LDJ Capital, a $200 million dollar cryptocurrency fund, about the current price downtrend, what determines ICO quality, and the potential impact of regulations in key countries across the globe.  David Drake is the Chairman of LDJ Capital, who has also […]

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This Week in Bitcoin: Half Full or Half Empty?

News Doomsdayers out in force; Paul Krugman being Paul Krugman; Tether upto its usual tricks and the usual gamut of scams, schemes, and shakedowns. It’s been emotional. It’s been nerve-wracking. But it’s also been a total riot. Welcome to This Week in Bitcoin. Also read: Trading Tip `The Wall´ – I Was Wrong We’re All Gonna […]

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Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”

News Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% […]

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Will Justice Be Served? Bitcoin Trading Platform BitConnect Sued by Six Investors Who Lost Over $700k

Samuel Rae · January 25, 2018 · 3:15 pm Six BitConnect investors, who collectively lost over $700k on the platform, are taking the company and its affiliates to court in the US. Earlier this month, BitConnect released this piece of so-called ‘System News’ on its website, outlining the fact that closing the Bitconnect lending and exchange […]

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Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICO

Altcoins The fall of Bitconnect was as certain as night follows day. A pyramid scheme wrapped inside a Ponzi with a side order of WTF, Bitconnect was as crazy as it was calamitous. The only miracle was that the racket lasted so long. When the ringleaders shut up shop on Wednesday, causing the token to […]

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