Facebook Sued By Dutch Media Tycoon Over Scam Bitcoin Ads

Facebook is being sued by Dutch media tycoon, John de Mol, for posting fraudulent Bitcoin ads that listed him as an investor.  Billionaire Claims Facebook Turns a Blind Eye to Scams On Wednesday, Reuters reported that John de Mol, the billionaire businessman behind the popular reality TV show ‘ Big Brother’ was suing Facebook for […]

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Federal Trade Commission Files Lawsuit, Targets ‘Deceptive Cryptocurrency Schemes’

Matthew Hrones · March 18, 2018 · 9:30 pm The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects. Cracking Down on Crypto Scams The FTC’s primary focus is to protect consumers and enforce the legal framework that creates […]

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