Sentences with phrase «to defraud users»

The regulator alleged that BitFunder and founder Jon E. Montroll ran the operation as an «unregistered securities exchange» and defrauded users of that exchange, according to a SEC statement.

The account defrauded users by posting a link to a cryptocurrency wallet and soliciting donations in ether, promising to send 4 to 10 ether back to the first 200 users that make «contributions.»

And that's why researchers fear what might happen when the hub - and - spoke network is finally launched, with peers colluding to identify and defraud users who seek to engage in the new kinds of relationships afforded by the design.

Hardware wallet Ledger has warned of scams using Bitcoin Diamond (BCD) to defraud users as suspicions around the hard fork start to mount.

Bitcoin exchange BitFunder and its founder ran the site as an «unregistered securities exchange» and defrauded users of that exchange, according to the SEC.

Jon Montroll, 37, was accused on Feb. 21 in a civil complaint by the Securities and Exchange Commission of running his cryptocurrency site BitFunder as an «unregistered securities exchange» and of defrauding users.

The Securities and Exchange Commission says BitFunder was an unregistered securities exchange that defrauded users

This is especially considering that it is no longer a secret that there are sites that are not genuine and are only structured to defraud users.

protect our customers, for example to prevent spam or attempts to defraud users of the services, or to help prevent the loss of life or serious injury of anyone; 3.

Through our study of various crypto related scams, we have identified 4 main ways scammers use social media to defraud users: Impersonation, Ponzi / HYIP and ICO scam promotion, Malware distribution, and Chatroom scams.

Through our study of various crypto related scams, we have identified 4 main ways scammers use social media to defraud users:

Today, the U.S. Securities and Exchange Commission (SEC) brought charges against Jon E. Montroll and his exchange BitFunder for operating an unregistered securities exchange and defrauding users.

There have been so many attempts to defraud users, it's become almost impossible to keep track of

While Lightning transactions are instant, if there's a dispute — say if a fraudster tries to broadcast a transaction which effectively steals money from another user — the defrauded user has time to oppose the transaction.

The Securities and Exchange Commission (SEC) swooped in and filed fraud charges against a former Bitcoin - denominated platform and its founder Jon E. Montroll with operating an unregistered securities exchange and defrauding users of that exchange.

However, there have been a number of fake cryptocurrency apps that have defrauded users.