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India sends tax notices to cryptocurrency investors as trading hits $3.5 billion The Indian government has issued repeated warnings against digital currency investments, saying these were like "Ponzi schemes" that offer unusually high returns to early investors. But it has not so far imposed curbs on an industry estimated to be adding 200,000 users in India every month.
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SEC Expresses 'Investor Protection Issues' On Bitcoin ETFs While Currency Wobbles to $10K The currency is standing at $11,479 today, as of 10 AM ET, according to Coinbase. In its letter, signed by Dalia Blass, director of investment management, the SEC points to "a number of significant investor protection issues that need to be examined before sponsors begin offering these funds to retail ...
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Bitcoin currency operators slapped with lawsuits alleging fraud One company, CabbageTech, Corp. d/b/a Coin Drop Markets, induced customers to pay for currency trading expertise that was never provided, according to the CFTC. Another, The Entrepreneurs Headquarters Limited, is being sued for soliciting "at least $1.1 million worth of bitcoin from more than 600 ...
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