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Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
30.8.2024
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that...
Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform
28.8.2024
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to...
Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down
6.8.2024
After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday's elections in Missouri and Washington state
Hacker gets 3.5 years prison for $900K Coinbase login scam: Report
29.7.2024
A UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s alleged crypto “Ponzi” funded his lavish lifestyle, and Washington DFI flags the latest potential crypto fraud
Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
26.7.2024
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited...
Abra, CEO Barhydt settle with 25 US states over licensing violations
26.6.2024
Other states can join in the settlement, which will see up to $82.1 million returned to customers
Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme
22.6.2024
The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him...
Trader claims to lose $310K on dodgy exchange pitched in LinkedIn request
14.6.2024
The investor said they learned about the exchange from a “random friend request on LinkedIn.”
CZ released on $175M bond, could return to Dubai
22.11.2023
Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
6.4.2023
One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
Washington State Joins Celsius Bankruptcy Case as Interested Party
23.9.2022
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto
Washington state passes bill aiming to expand local blockchain adoption
31.3.2022
The northwest pacific state’s governor has finally passed a bill into law to form a working group to explore the opportunities for industry and commerce to benefit from blockchain
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...
BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
12.12.2019
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state
Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts
27.11.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...