FTC

FTC Sending More Than $470K to People Duped by My7Network, ‘Bitcoin Funding Team’ Scams

The FTC is sending PayPal payments totaling more than $470,000 to people who lost money to two pyramid schemes involving cryptocurrencies.

News  ·  4 November 2020

FTC Settles With Promoters of Multi-Level Marketing Crypto Scheme

Four promoters of crypto-denominated chain-referral scams are ordered to pay fines totaling less than $500,000.

Markets  ·  24 August 2019
Regulation

FTC Issues Warning on Bitcoin Blackmail Scams

The U.S. Federal Trade Commission (FTC) is warning consumers warns about a new type of bitcoin scam that attempts to blackmail men.

Policy & regulation  ·  22 August 2018
Scams

$3 Billion: FTC Warns Consumers Could Pay High Price for Crypto Scams

Regulators, lawyers and cryptocurrency experts discussed ways of protecting investors at the FTC's "Decrypting Cryptocurrency Scams" workshop Monday.

Markets  ·  25 June 2018
Regulation

FTC to Host Consumer Protection Workshop on Cryptocurrency Scams

The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.

Policy & regulation  ·  30 April 2018
Regulation

Judge Backs FTC Asset Freeze in Crypto Fraud Case

U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.

Policy & regulation  ·  28 March 2018
Regulation

US Trade Regulator Launches Blockchain Working Group

The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.

Policy & regulation  ·  19 March 2018
Regulation

US Trade Regulator Shuts Down Crypto Investment Scheme Promoters

A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.

Policy & regulation  ·  16 March 2018
Regulation

FTC to Host Blockchain Panels at March FinTech Event

The US Federal Trade Commission is hosting a FinTech gathering on 9th March, dedicated in part to blockchain tech and its impact on consumers.

Policy & regulation  ·  16 January 2017
Bitcoin

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs

The US Federal Trade Commission says it has reached a settlement with bitcoin mining firm Butterfly Labs after it sued the company in 2014.

Tech  ·  18 February 2016
News

FTC Warns Consumers of Bitcoin Shopping Risks

The US Federal Trade Commission has penned a new blog post aiming to give advice to consumers who may pay for products with digital currency.

Business  ·  25 June 2015
Bitcoin

Butterfly Labs Resumes Shipping, Sets Timetable for Refunds

Butterfly Labs has reopened for business, processing delayed shipments and refunds for select customers.

Tech  ·  8 January 2015
Bitcoin

Court Strikes Down FTC Request for More Butterfly Labs Oversight

Embattled bitcoin mining hardware company Butterfly Labs is back in business, following a federal court ruling on Friday.

Business  ·  15 December 2014
Bitcoin

Crypto 2.0 Roundup: Ethereum’s ÐΞVCON, Vizor’s Virtual Reality and a Blockchain University

In this week's Crypto 2.0 roundup, we profile events from Ethereum and Koinify and take a look at how crypto could impact virtual reality.

Tech  ·  15 December 2014
Bitcoin

FTC Granted Approval to Sell Off Butterfly Labs’ Bitcoins

The FTC has secured court authority to begin converting Butterfly Labs’ bitcoin holdings into cash reserves.

Tech  ·  4 November 2014