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Bitcoin Daily: Estonia eResidency Participants Connected To Crypto Schemes; KuCoin Freeze Stays In Effect Following Hack

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In a report, the Financial Intelligence Unit said that firms registered in other nations and led by eResidents have participated in “a few large-scale exit scams," Bloomberg reported. Approximately 70,000 virtual IDs have been provided to eResidents from 174 nations. Estonia is a country of 1.3

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Bitcoin Daily: Haiti Home To Blockchain Surge; Fraudsters Use Fake Crown Prince Story To Steal Users’ Bitcoin

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The post reportedly directed victims to a fake story about Sheikh Mohammed bin Zayed, the crown prince of Abu Dhabi and deputy supreme commander of the armed forces, claiming that he wants to make people rich via a fake bitcoin trading platform. We have had official dialogue with Facebook.

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Crypto 2020: One Step Up; Two Steps Back

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Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Bitcoin is like a [crypto] 101 version.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

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Website DECPAPI.com spotlighted an API with a countdown that showed the national stablecoin would launch on November 20. Department of Justice announced that two Massachusetts men were arrested and charged with conducting a scheme to take over victims’ social media accounts and steal their cryptocurrency.

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Email B2B Scams Cost $26B Over Last Three Years

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Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Fraud Trends. Actors usually get around 70 percent of the face value of the card in bitcoin.”.

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SEC Halts Texas Financial Firm’s ‘Illegal’ ICO

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29), the SEC’s complaint states that AriseBank “used social media, a celebrity endorsement and other wide dissemination tactics to raise what it claims to be $600 million of its $1 billion goal in just two months.” In addition, the agency was able to freeze the company’s assets and those of its two co-founders, CNBC reported.

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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

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In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

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