Federal Judge Wavers as CFTC Seeks Injunction in Crypto Fraud Case

The Commodity Futures Trading Commission (CFTC) is wrapping up its case against CabbageTech owner and accused crypto-fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple. The U.S. regulator is seeking a permanent injunction against McDonnell, who allegedly defrauded investors out of nearly $500,000, according to a lawsuit […]

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Tough Tokens: Theranos Fraud Holds Harsh Lessons for Crypto

Marc Hochstein is the managing editor of CoinDesk.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. “Innovators who seek to revolutionize and disrupt an industry must tell investors the truth about what their technology can do today, not just what they hope it might do someday.” That […]

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Fake ‘Telegram ICO’ Websites Just Won’t Go Away

Would-be investors in Telegram’s multibillion-dollar initial coin offering (ICO) have quickly become a favorite  target for scammers. CoinDesk has identified as many as nine more websites claiming to sell the Telegram token after previously reporting on another fake website, which claimed to be run by the “Telegram Foundation.” Most of the sites claim that the token […]

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