Public Citizen Urges DOJ To Investigate TRUMP Memecoin, Alleges ‘Gift Solicit...
Non-profit organization Public Citizen has urged the US Office of Government Ethics (OGE) and Department Of Justice (DOJ) to investigate the TRUMP memecoin and the potential violation of federal law barring gift solicitation by US President Donald Trump. Related Reading: Coinbase Urges US Regulators To Remove Crypto Banking Barriers In New Letter – Report DOJ […]
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In a shocking revelation that has stirred the crypto market, the Solana-based memecoin named DJT, initially marketed as a project backed by Donald Trump’s youngest son Barron, has been exposed as a fraudulent scheme. The orchestrator behind this scam is none other than Martin Shkreli, a controversial figure previously known for his provocative maneuvers in […]
Cardano co-founder Charles Hoskinson has gone public with a surprising revelation that 78.5% of incoming US President Donald Trump’s net worth of $29.6 billion is in digital assets, which include the red-hot TRUMP memecoin. Such a disclosure brings up conversations regarding the future regulations and policies based on the possible influence of Trump’s crypto wealth. […]
The ongoing TRUMP memecoin frenzy has sparked the creation of hundreds of tokens inspired by the US president and his family. A recent report revealed malicious tokens and dApps using Donald Trump references skyrocketed since Friday, targeting unsuspected investors and non-crypto people. Related Reading: Bitcoin Struggles For Direction Post-Trump Disappointment – What Next? Trump-Themed Scams Skyrocket Over the weekend, US President Donald Trump surprised the crypto industry by launching his official memecoin, TRUMP. The token received heavy criticism, with several crypto investors calling....
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory and intermediary services in South Africa. FTX Not Authorized to Give Financial Advice South Africa’s financial services regulator, the FSCA, recently stated that the public must be cautious when dealing with the cryptocurrency exchange platform FTX. According to the regulator, FTX is not authorized to....
The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking. According to reports, 800,000 tokens out of the 1.5 million of such tokens have been transferred to Huobi and other exchanges. Filecoin Denial According to a Chinese language website, 8btc.com, an unidentified Filecoin representative insisted the decision was made to help stabilize the price in the period after listing. The representative reportedly said: It is to establish an....