The CFTC alleged a South African CEO swindled billions in bitcoin through a fake trading pool, though victims are unlikely to see a single dime from fraudsters.
Blockchain Insight - The US SEC has been targeting cryptocurrencies, citing concerns about fraud, market manipulation, and investor protection. Its actions have raised concerns in the industry, with experts warning that the regulatory scrutiny could stifle innovation and growth.
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Read more about Turkey adds cryptocurrency exchanges to terror funding regulations on Business Standard. The presidential decree makes "crypto asset service providers" responsible for seeing their assets are not used illegally