Feds Go After Israeli Crypto Marketing Scam
Tal Valariola and Itay Barak of Digital Platinum Limited for aiding the United States-based firm All In Publishing Charged.
Floyd Mayweather & DJ Khaled Charged With Illegally Promoting ICO
Boxing legend Floyd Mayweather and music producer DJ Khaled have been charged by the SEC with fraud, and have agreed to pay a total $750,000 to settle federal regulators’ charges that they failed to disclose payments they received for promoting investments in digital-currency securities. The settlement of civil charges was announced Thursday by the Securities … Read more
Plus Token Wallet is a Scam
The Plus Token is a mobile cryptocurrency wallet platform. On its website, the project reveals its founder as ‘Mr. Leo,’ and provides a picture of him standing behind a podium wearing a baseball cap. The website was registered under a private domain in September this year. The Plus Token Wallet mainly targets clients living in … Read more
Court Rules Cryptocurrencies are “Commodities”
In January 2018, the Commodity Future Trading Commission initiated legal action against My Big Coin Pay, Inc. MGC is the creator of the My Big Coin virtual currency. The CFTC alleged that MBC engaged in fraudulent virtual currency practices by making a number of false claims in violation of, without limitation, the Commodity Exchange Act. … Read more
FTC Issues Alert For Bitcoin Blackmail Scams
The Federal Trade Commission released an alert on bitcoin blackmail scams. In these schemes, scammers threaten victims with public revelation of their “secret” unless they send a payment in Bitcoin. The National Cybersecurity and Communications Integration Center encouraged users and administrators to refer to the FTC Alert and a related FBI press release for more … Read more
Amsterdam-Based Blockchain Startup Attrace Raises €1M
In a recent announcement, Amsterdam-based blockchain startup Attrace has successfully raised €1 million from investors in a private sale. Attrace has developed its own blockchain system to bring websites and advertisers together in a decentralized manner. This concerns affiliate marketing, where there is no direct relationship between the publisher and the advertiser. The publisher receives … Read more
First Affiliate Blockchain Program Launched
BookiePro, the world’s first provably fair sports betting exchange, has announced the upcoming launch of a new decentralized affiliate program set to redefine the way operators interact with performance marketers. BookiePro’s provably fair affiliate program will utilize blockchain technology to automate tracking and payments via a fully transparent platform, providing affiliates with peace of mind … Read more
Facebook Walking Back on Cryptocurrency Ad Ban
Not long ago we wrote about Facebook’s announcement that they will no longer allow advertisements for cryptocurrency and other blockchain based coins and companies. Well, they are apparently walking this decision back and will allow it, at least in certain cases. The company has confirmed that they will maintain the ban on initial coin offerings … Read more
Marketers Seem to be Resisting Emerging Tech
Marketers are constantly having to change their strategies as consumers change, and technologies adjust. Despite this fact, however, new information is suggesting that marketers aren’t adopting the latest emerging technologies nearly as fast as many people would have expected. More than 2/3 of marketers in the US, for example, haven’t yet started taking advantage of … Read more
Twitter Also Banning Cryptocurrency Ads
Twitter is following Facebook and Google in their move to ban advertisements related to cryptocurrency. The new policy will cover any advertising related to initial coin offersings, token sales, and even exchanges or wallet services. The one exception to this ban is if the exchange or wallet service comes from a major public company that … Read more
For Small Businesses, The Future of Bitcoin is Now
When you see global tech giants like PayPal and Microsoft starting to accept the Bitcoin cryptocurrency, you know that as a small business owner you should sit up and take notice. Yes, cryptocurrencies are now taking the business world by storm, and small businesses that want to take advantage of this emerging trend should get … Read more
FTC Halts Alleged Cryptocurrency Scheme
At the request of the Federal Trade Commission, a federal court has halted the activities of four individuals who allegedly promoted deceptive money-making schemes involving cryptocurrencies. These alleged schemes falsely promised that participants could earn large returns by paying cryptocurrency such as bitcoin or Litecoin to enroll in the schemes. In a complaint, the FTC … Read more
Google Following Facebook in Crypto Ad Ban
Google has just come out to announce that they, like Facebook before them, are cracking down on crypto related advertising. Effective this June, they will not allow any ads to promote cryptocurrency related content. This adds crypto to the list of other ‘high risk’ financial options that Google won’t advertise for, including financial spread betting, … Read more
