returns

SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns

SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns

The Securities and Exchange Commission (SEC) and Commodities Future Trading Commission (CFTC) have both charged a Maryland-based Ponzi scheme for allegedly defrauding over 1,000 investors to the tune of over $27 million. The defendants allegedly told participants their funds would be used by licensed traders for foreign exchange and cryptocurrency trading. Over the course of …

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First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns

First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns

In a redux of trading from the early days of the coronavirus crisis in March, bitcoin tumbled Thursday in tandem with a sell-off on Wall Street – rekindling an ongoing debate over the cryptocurrency’s use as a store of value. Prices for bitcoin fell 6.37% to about $9,100, as the Standard & Poor’s 500 Index …

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Ontology, Dash, Ethereum Classic Price: ETC outperforms Bitcoin with 11% returns

Ontology, Dash, Ethereum Classic Price: ETC outperforms Bitcoin with 11% returns

The cryptocurrency market has been noting a reversal in trend lately, with most cryptos trying to recover their lost gains. Among the many altcoins trying to do so, Ethereum Classic [ETC] managed to wrap a positive YTD, while others’ returns remained in the negative. Ethereum Classic [ETC] Source: ETC/USD on TradingView Ethereum Classic, ranked 21st …

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