Sentences with phrase «currency investment scheme»

A notable example is that of OneCoin, a digital currency investment scheme widely seen as fraud.

One Coin in Trouble again, Founder Ruja Ignatova being accused for running a ponzi scheme Indian Police have prepared charges against Ruja Ignatova, founder of One Coin, the notorious digital currency investment scheme.

Not exact matches

The agency, according to the alert is «concerned that the rising use of virtual currencies in the global marketplace may entice fraudsters to lure investors into Ponzi and other schemes in which these currencies are used to facilitate fraudulent, or simply fabricated, investments and transactions.»

In recent months, the CFTC created subcommittees on distributed ledger technology and virtual currencies, issued a pump - and - dump warning about virtual currency schemes, and provided guidance to its employees about cryptocurrency investments.

Those range from currency exchanges and online wallets to mining pools and legitimate or Ponzi scheme investment services, the authors said.

share, mortgage or real estate investments, «high return» schemes, option trading or foreign currency trading

The Malta Financial Services Authority (MFSA) has published a» feedback statement» regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating...

«The ministry is concerned that cryptocurrency trading will have parallels with investment in Ponzi schemes and therefore people must be made aware of the high risks involved before they plough their money into digital currencies that are not regulated».

«The public is hereby warned that such investment schemes whether with the use of money or virtual currencies such as bitcoin, ethereum, ripple, dash, litecoin, monero, SIBcoin, mooncoin and many others are considered as securities subject to the regulatory authority of this Commission.»