CFTC Charges Icomtech Operators With Fraud
3 days ago
Fraud in cryptocurrency is sadly a very real and constantly evolving threat. Frauds have ranged from Ponzi-type schemes that guarantee a return on investment to exit scams where the team dumps their coins on the market and abandons a project. Other frauds have been disguised as ICOs where a fake project has raised funds and then absconded with them. Due to the largely unregulated nature of cryptocurrencies, many frauds go unreported and those that are rarely end in prosecution.