MLM Company Promoting Bitcoin Sets April Release
A multi-level marketing (MLM) company promoting cryptocurrency called Wealth Builders Network & Educational Services Inc. (WBNES), based out of San Diego, CA, has launched an April 1, 2015 release date, joining a host of other MLM companies that CCN reported on. MLM companies, while they have both supporters and detractors, can be seen as a sign of any industry's growth curve. MLMs can help raise awareness about cryptocurrency to the general public, generate new investment in cryptocurrency, or bring new problems to an industry that already has its fair share of them. MLM companies have....
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Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content promoting cryptocurrencies and related products and services. The company’s “Branded Content Policy” states: All financial services and products are prohibited, including but not limited to … cryptocurrency. Among the list of other prohibited products and services listed....
Bitcoin price is on an advance, pushing ceilings higher after scaling $440 to reach $450 last week. On Sunday, bitcoin price scaled to $460. In the early hours of Monday, the Bitstamp price index was trading at a new record high for the year at $470.02. The price of bitcoin is going from strength to strength, within a weak of the release of the code for Segregated Witness (SegWit), the much-awaited upgrade to the bitcoin protocol that will help enable more transactions within a single block of the blockchain. At the time of publishing, bitcoin price was trading at $458.74. The newest surge....
Federal authorities have raided an alleged Ponzi investment scam that promised to pay dividends to investors by claiming to hold amber mines whose profits would be paid out in the cryptocurrency - Gemcoin. The Securities and Exchange Commission (SEC) announced the filing of fraud charges and the raid of a Southern California company - USFIA, allegedly running a Ponzi scheme that raised more than $32 million from investors both within and outside the U. S. since April 2013. The accused include founder Steve Chen and a total of 13 California-based companies at the center of the Ponzi scheme.....
The S.E.C. says five individuals "promoted a global unregistered digital asset securities offering." Three years and some unforgettable memes later, the Securities and Exchange Commission has announced that 5 individuals will face charges relating to promoting the Bitconnect Ponzi scheme. “The SEC's complaint alleges that these promoters offered and sold the securities without registering the securities offering with the Commission, and without being registered as broker-dealers with the Commission, as required by the federal securities laws,” the release reads. The promoters, including....
PRESS RELEASE. GREENSBORO, April 11, 2022 — DAO Maker, a leading launchpad for cryptocurrency projects, is launching an NFT collection celebrating the late Argentinian football hero Diego Maradona this month. It is the first official Maradona-licensed NFT project and has the backing of all five of the athlete’s heirs. The football legend’s daughter Jana Maradona stated, “Maradona D10S NFTs is the first time all heirs have come together in a creative collaboration since Diego’s passing.”
The collection comprises 5,000 profile pictures of....