The Deep Roots of Nigeria’s Cybersecurity Problem
Despite having one of the strongest data-protection policies in Africa, the country’s enforcement and disclosure practices remain dangerously broken. Powered by...
Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto Still Seen as Billionaire-Maker Investment, According to Harris Poll Survey While the...
Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok
The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed. Crypto Scammers Defrauding Tiktok Users The Better Business Bureau (BBB) warned of cryptocurrency scams on the popular video-hosting platform Tiktok...
US Sentences Promoter of $3.4B Bitconnect Crypto Ponzi Scheme to 38 Months in Prison
The U.S. has sentenced a Los Angeles man to 38 months in federal prison for his role in the $3.4 billion Bitconnect crypto Ponzi scheme. He admitted to earning no less than $24 million from the scam, all of which will now be “repaid to investors in restitution or forfeited to the government,” the Department of Justice (DOJ) explained. US Bitconnect Promoter Sentenced to 38 Months in Prison The U.S. Department of Justice (DOJ)...
SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina
The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without disclosing compensation received. SEC’s Cease-and-Desist Order Against Unregistered Crypto Firm The U.S. Securities and Exchange Commission (SEC) announced Monday that it...
