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Showing 201 - 210 of 253 results for "Cryptocurrency"

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising. JPB Liberty is seeking damages for the losses the cryptocurrency ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... and the actual figure is probably much higher. She wants to warn consumers to be particularly wary of bitcoin and cryptocurrency schemes, saying she has seen many of these collapse and turn out to be Ponzi schemes. "I have seen so many scams in cryptocurrencies. ...

Watchdog warns of celebrity-endorsed bitcoin scams

ALLY SELBY  |  THURSDAY, 30 JUL 2020
ASIC has uncovered several cryptocurrency scams using Australian celebrities, prominent news sites, and government agencies to reel in investors. Endorsements from celebrities and business figures such as Waleed Aly, Mike Baird, Celeste Barber, Andrew ...

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... The regulator found NAC and its chief executive had portrayed the AML BitCoin as being superior to the original cryptocurrency, arguing it boasted anti-money laundering, anti-terrorism and theft-resistant technology. In reality, none of these capabilities ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
ASIC has reported an increase in investment scams during the COVID-19 pandemic, with most cryptocurrency "opportunities" in particular panning out to be outright scams. The corporate watchdog saw a 20% increase in scam reports from March to May this ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
... particular, investment scammers targeted Facebook and Instagram users with promises of "get rich quick" schemes and cryptocurrency scams, the ACCC said. Common techniques used by scammers include promises of exclusive offers, or asking for small commitments ...

Local investment firm to list in Canada

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... in listed equities, 9% in unlisted equities including pre-IPO, 9% in unlisted equities (blockchain) and 20% in cryptocurrency and digital assets. It plans to allow an allocation of up to 50% or more in listed equities and 50% in unlisted equities including ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... compliance records and indeed removing them from the official list." Another focus area of the stock exchange is cryptocurrency and initial coin offerings, Lewis said. "We've been working very hard to keep some of the nonsense that's happened ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... the Raiz bundll card and the upcoming launch of 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 ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... contracts in December 2017." While the SEC has blocked applications to launch Crypto ETFs in the US, one of the largest cryptocurrency asset managers in the world, Grayscale, has reported that 88% of its inflows in the March 2020 quarter were from institutional ...