Blockchain Bites: FCA’s Crypto Crackdown, McAfee’s Charges, Ethereum’s Store ...
John McAfee was charged with promoting ICOs without disclosing his payments while the U.K.'s FCA has banned certain crypto derivatives.
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John McAfee’s bodyguard and executive advisor has pleaded not guilty to involvement in crypto scams that duped investors out of $13 million. A former navy seal and bodyguard to the banged-up abroad McAfee antivirus software founder, John McAfee, has pleaded not guilty to charges alleging he was involved in two wholesale crypto scams that duped investors out of roughly $13 million. Jimmy Gale Watson Jr, the former executive advisor of the “McAfee Team” — a website offering crypto tips endorsed by John McAfee, was arrested in Texas on March 4. Watson faces charges of allegedly defrauding....
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Another Bitcoin mining company, this time in Canada, is facing fines from government regulators. The Dominion Bitcoin Mining Company of Saskatchewan has been under a cease-trade order since May of 2014. The order, issued by the Financial and Consumer Affairs Authority (FCAA) was originally filed because the FCAA accused the company of seeking investors without properly registering their intent. While the original order has since expired without penalty it seems that the FCAA is now upping the game by accusing Dominion of multiple violations of the Securities Act of 1988. The new....
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The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate the industry.According to FCA’s job postings on LinkedIn, the authority is now hunting for a head of the digital assets department and a director of the payments and digital assets department. Both job postings target the crypto savvy.Published on Monday on LinkedIn, FCA’s....