The CFPB has seen 277 complaints
against other cryptocurrency companies, LendEDU found, a figure it projects could rise to more than 400 by the year's end.
Not exact matches
Finally, on August 24, the SEC issued a suspension order
against American Security Resources Corp. (renamed to Bitcoin Crypto Currency Exchange Corp.) due to statements in press releases «concerning, among
other things, the
company's business transition to the
cryptocurrency markets and early adoption of blockchain technology.»
It has taken various actions
against several
companies relating to their Initial Coin Offerings, or «ICOs,» or
other cryptocurrency activities.
Other warnings have cautioned investors
against trusting retirement schemes which claim government agency backing or publicly - traded
companies that promote their pivots to business lines related to
cryptocurrency or blockchain tech.