Google removes ban on Cryptocurrency ads

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Just in:
GOOGLE ENDS BAN ON CRYPTOCURRENCY-RELATED ADS, PLANS TO ALLOW REGULATED CRYPTO EXCHANGES TO BUY ADS IN U.S., JAPAN; NEW POLICY STARTS IN OCTOBER -CNBC
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Re: Cryptocurrency

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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have both filed charges against 1Broker, a CFD provider focused on cryptocurrencies. According to both US agencies, the company operating 1Broker, 1pool Ltd., has violated the Commodity Exchange Act, as well as the federal securities laws regarding security-based swaps funded with Bitcoins.

More specifically, 1Broker is accused of willfully operating as an unregistered broker/dealer of securities and futures commission merchant, as well as of money laundering. On top of that, the FBI has seized the company's web domain.

Re: Cryptocurrency

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mlawson71 wrote: Tue Oct 02, 2018 10:59 pm
More specifically, 1Broker is accused of willfully operating as an unregistered broker/dealer of securities and futures commission merchant, as well as of money laundering. On top of that, the FBI has seized the company's web domain.
Damn what a dodgy business. I feel sorry for who ever invested with them!
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Re: Cryptocurrency

66
The Emirates Securities and Commodities Authority (ESCA) plans to recognize initial coin offerings (ICOs) as a new way for companies to rise capital. The move is expected to be adopted in the first half of next year.
“The board of the Emirates Securities & Commodities Authority has approved considering ICOs as securities. As per our plan we should have regulations on the ground in the first half of 2019,” the head of the securities regulator Obaid Saif al-Zaabi said earlier this month.

Mayweather/Dj Khaled Scam

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Mayweather, Dj Khaled Sued Over Alleged Cryptocurrency Scam


Floyd Mayweather and DJ Khaled have been hit with a lawsuit from people who claim the stars participated in an illegal cryptocurrency scam that screwed investors out of millions of REAL dollars.

The coin at the center of the scandal is called Centra Tech -- and, according to the class action lawsuit, Floyd and Khaled were influential celebrity endorsers who promoted the virtual currency on social media.

In fact, social media posts from Floyd encouraged people to buy the coin and he said he was so excited about it, "You can call me Floyd 'Crypto' Mayweather from now on."


Khaled called the company and its products a "game changer."

The problem ... the Securities and Exchange Commission says the company behind the coin was operating illegally, misleading investors and claims several of the execs listed on the company website don't really exist.

Centra Tech raised $32 million in backing during the initial coin offering in 2017 ... thanks, in part, to the celeb endorsements ... the lawsuit claims.

The founders of the company were arrested back in April and are facing several charges including securities fraud, wire fraud and some conspiracy charges.

In the suit, investors are going after the company founders and the celeb endorsers for fraud -- and they're seeking to get their millions of dollars back plus damages.

One interesting note from the lawsuit -- investors say the value of the coin has plummeted over the past year. It was worth roughly $1 per coin in February and after the arrests in April, it's dropped to less than $0.02 per coin.

Source: http://www.tmz.com/2018/10/19/floyd-mayweather-dj-khaled-sued-crypto-currency-scam/
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Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

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mlawson71 wrote: Sun Oct 21, 2018 11:48 pm Who was that other rapper who also set up his own cryptocurrency? There was one, but for the life of me I can't remember the name.
Yes that was Akon who set up "Akoin".

Meanwhile in Brazil.....

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.”

Local news outlet Portal do Bitcoin reportedly spoke to four now ex-employees that served at different hierarchical levels. One noted it “was horrible” and said that there “were people crying” over the occurrence.

The ex-employees revealed that senior executives started getting laid off earlier this week, on October 15, with other employees being fired by an executive the very next day. The company, justifying what was going on, revealed it was restructuring its marketing and human resources departments.

Those interviewed by the local news outlet claimed the affected departments were shuttered following the layoffs. One said that executives told employees that “it was a company moment, they needed to dry out their structure. In short, they went one step over what was being billed.”


Read more: https://www.ccn.com/brazils-largest-bit ... employees/
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