Search
Consumer protection watchdog warns about Tether's reserves
12.9.2024
According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating
US consumer watchdog mulls applying e-banking laws to crypto
9.10.2023
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws
EU Consumer Watchdog Slams Instagram, TikTok for Enabling Crypto Scams
10.6.2023
The European Consumer Organization (BEUC) has released a report accusing leading social media platforms including Instagram, TikTok, Twitter, and YouTube of enabling scams related to digital assets.
In a 20-page report, the watchdog categorized digital assets as highly risky and prone to scams...
US consumer watchdog probes crypto firms over deceptive ads
6.12.2022
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
19 celebrities called out by consumer watchdog group for shilling NFTs
16.8.2022
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area "rife with deception."
Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads
18.3.2022
Australian Competition and Consumer Commission says Meta linked fake media articles to unknowing celebrities
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...
Consumer Watchdog Moves to Block Canadian Bitcoin Miner From US Power Grid
25.6.2020
Public Citizen warned the U.S. Dept. of Energy that DMG Blockchain's bid to export electricity could set a dangerous precedent