Why This Organization Wants To Make Crypto Influencers Accountable For Financ...
The Financial Planning Standards Board (FPSB) issued a statement on crypto influencers, digital assets, and retail trading with these assets. Like many other international bodies, the FPSB seems to have anti-digital asset stands or at least one aim at limiting people’s access to this new asset class. Related Reading | Crypto Selloff Viewed By Investors ‘Opportunistically’ […]
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Two crypto influencers from Hong Kong are now on the International Criminal Police Organization (Interpol)’s Wanted List. The addition to the list comes after Hong Kong police requested a Red Notice from the international organization. The two men are being charged with theft, fraud, and money laundering and have been previously arrested for their links […]
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully understanding it.”
419 Ads in Violation — Most Complaints Concern Influencers
The Advertising Standards Council of India (ASCI) has reportedly revealed that it received 453 complaints relating to crypto ads between January and May.
The council added that out of....
Popular crypto influencers in China are facing a harsh reality as Beijing-based social media giant Weibo recently purged 80 of its most prominent crypto influencers. This move comes as China maintains its strict crackdown on cryptocurrency activities within its borders. Weibo’s action reflects the Chinese government’s ongoing stringent stance on digital currencies, raising concerns about […]
On October 19, the US Securities and Exchange Commission (SEC) dismissed all its claims against Ripple’s CEO, Brad Garlinghouse, and Co-founder, Chris Larsen. Following this, Larsen called out the financial regulator, stating why it had to be held accountable for its actions. Larsen Calls SEC A Rogue Administrative State In a post shared on his […]
Two conspiracy theorist influencers have caused a lot of investors to lose crypto funds in a pump-and-dump scheme. They presented a portfolio of cryptocurrencies with dubious claims about authenticity and institutional backings. These claims aimed to create enough hype for the cryptos and raise their prices more than they should be. Given that they have […]