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Showing 91 - 100 of 137 results for "Bitcoin"

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... producer, who was played by actor Kevin Spacey in a movie about his life, has been charged over his role in a fraudulent bitcoin scheme. Jack Abramoff, who in 2006 was sentenced to six years in federal prison for mail fraud, bribing public officials ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
... years ago, most investment scam reports were about 'get rich quick' seminars and real estate," the ACCC said. "Bitcoin was publicly released in 2009, leading to a surge in popular interest in cryptocurrency. Now, most investment scams involve ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... what it's like, when it comes to money everybody is an expert." Kiyosaki says he is investing in gold, silver and bitcoin right now. He is currently promoting a seminar for Australian audiences with The great depression ahead author Harry Dent. Dent ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... the Raiz Sapphire portfolio, being the first portfolio to have cryptocurrency exposure with a 5% target weighting for Bitcoin," Lucas said. "The customer response to Raiz Sapphire has been very encouraging and we look forward to the formal launch planned ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... underdog has seen a surge in interest since it hit rock bottom in March, outperforming the US market indices by a mile. Bitcoin, which started the year rising from US$7500 to US$10,5O0, fell just as badly as every other asset class, as economic uncertainty ...

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
... macro uncertainty. It comes at the platform readies itself to release what it says is the world's first retail fund with Bitcoin exposure. The "Sapphire portfolio" will be the firm's only portfolio with cryptocurrency exposure, and will have a 5% weighting ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... Exchange Commission charged a prominent actor for failing to disclose payments he received for promoting an investment in a bitcoin offering. The SEC found Steven Seagal had not disclosed that he was promised $380,000 (US$250,000) in cash and $1,140,000 ...

Fraudster dyed hair, grew beard to evade regulator

ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
... jailed over a hedge fund collapse dyed his hair and grew a beard in an attempt to go unrecognised as he launched a new bitcoin scheme. The US Securities and Exchange Commission charged Boaz Manor last week with raising over US $30 million from hundreds ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology. "We must take blockchain as an important breakthrough for independent innovation of core technologies ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... last year that the Commonwealth Bank was ramping up its blockchain projects. Blockchain is a system in which a record of bitcoin or other cryptocurrency transactions are maintained across multiple computers through a peer-to-peer network. The technology ...