Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30...
Stellar price analysis: XLM sees $0.41 after a massive 42% upswing
Stellar (XLM) price jumped more than 42% to rise towards $0.45 before aggressive selling pushed it lower The price of XLM has retreated after increasing over 42% in the past 24 hours. Downward pressure over the past few hours has seen XLM/USD slip. At the time of...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further,...
Blockchain Platform to Set up a Tokenization Solution for Argentinean Farmers as Peso Keeps Plummeting
With Argentineans facing rising inflation to near 40%, solutions appear to contain the impact on national farmers. A business blockchain platform is partnering with a peer-to-peer (P2P) marketplace to launch a program to tokenize Argentina’s agriculture. More...Interesting 13
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