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Influencers Beware: Promoting the Wrong Crypto Could Mean Facing a Class-Action Lawsuit

The story of BitConnect doesn’t include any rapping Forbes bloggers slash money launderers or dubiously-obtained ape JPGs, but this “pyramid-on-Ponzi” case has spawned a court ruling (PDF, embedded below, via @stephendpalley) that should serve as a warning for influencers: they could be held liable for peddling shady crypto investments. In case you’ve forgotten this particular scam, BitConnect’s promoters told its victims

Fraudsters are Using Bots to Drain Cryptocurrency Accounts

Dr. Anders Apgar was out for dinner last month with his family, and his phone would not stop buzzing. It looked like a robocall, so he tried to ignore it. But the calls would not stop. Then his wife’s phone also started to ring.   “When she picks it up, a banner came across, a

Let’s Go Brandon’ Crypto Coin Turns Into Total Dumpster Fire

The MAGA-themed “Let’s Go Brandon” Ethereum cryptocurrency has fallen on tough times. So much so that the value of all 330 trillion coins totals just a few thousand dollars combined, according to the trading sites CoinMarketCap and Crypto, a far cry from the days of pro-Trump investors believing they could strike it rich in the ever-complex world of crypto. That

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