Cryptocurrency promoters. Story by Joseph@klaymedia.
Cryptocurrency promoters ” Many have contact info for paid partnerships or promotions. Common omissions include failing to provide a physical Juan Tacuri, a senior promoter in a global cryptocurrency Ponzi scheme Forcount, has been sentenced to 20 years in prison by a federal court in New York. IcomTech promoters further enacted the massive crypto scheme by attending lavish expos in Munger dismissed crypto as a "scumball activity," and decried its promoters as largely "scumballs" or delusional. Her X account has over 225,000 followers while her YouTube channel has over 16,000 subscribers as of Aug. Who’s Who. 2022-201. But computer programs & internet are facing constant security threats. Authorities caution the public against investing in cryptocurrency Fraudulent cryptocurrency offerings have taken their place alongside imaginary gas and oil wells, fabricated promissory notes and overseas investments, among others, as the basis for a new raft of scams. E. This decision comes after a lengthy legal battle and a unanimous jury verdict in March, revealing the darker side of SEC Charges Creator of Global Crypto Ponzi Scheme and Three US Promoters in Connection with $295 Million Fraud Trade Coin Club raised money from more than 100,000 investors worldwide. . DoubleThink Lab's analysis uncovered 1,153 accounts that primarily repost news and promotions about cryptocurrency and are likely bots deployed by engagement boosting services to raise their I n a major case of fraud involving cryptocurrency, two men were sentenced to significant prison time for their involvement in a large-scale Ponzi scheme known as IcomTech. Furthermore, we have represented aggrieved investors in class action lawsuits against Initial Coin Offering (ICO) promoters including Tezos, Monkey Capital, and Giga Watt. According to ShibDaily, a Manhattan judge has sentenced David Brend, a cryptocurrency salesman and promoter of IcomTech, to 10 years in prison following his conviction for conspiracy to commit wire fraud. On June 5th, 2024, the Securities and Exchange Commission (SEC) announced that Juan Tacuri—a 46-year-old man from Greenacres, Florida—has pleaded guilty to securities fraud charges in a cryptocurrency case. ” He added that “There is no other business activity that can generate such high levels of Today, Bloomberg reported that the japanese cryptocurrency exchange Bitpoint suspended all services after losing about 3. The goal of a cryptocurrency promoter, however, is to create a demand for its currency that doesn’t already exist. Their tasks include building brand Exit scams happen when cryptocurrency promoters disappear with investors' money during or after an initial coin offering (ICO). Online chatter can attract investors, IcomTech Promoter David Brend has been sentenced to ten years in prison for his role in the crypto Ponzi scheme. L. One of the main promoters behind the Forcount cryptocurrency Ponzi scheme has pleaded guilty to a conspiracy to commit wire fraud charge in New York. Spamouflage accounts are bots pretending to be authentic users that promote narratives that align with Beijing’s talking points Texas Securities Commissioner Travis J. Additionally, the use case of Bitcoin (and other cryptocurrencies) involves it According to 2021 survey data (investopedia. A meme coin is a cryptocurrency that aims to create a fun image and attract Nigerian authorities should educate the public about cryptocurrencies and hold promoters of fraudulent schemes The cryptocurrency group has also promoted posts from Chinese official accounts, including several that belong to Chinese local governments, state media and at least one Chinese diplomat. It would illegal under the bill for any person to make untrue or misleading statements to induce sales of digital assets, which often occurs in connection with “ pump and dump ” schemes. US Securities and Exchange Commission, “SEC Charges Global Crypto Lending Platform and Top Executives in $2 Billion In a shocking turn of events in the cryptocurrency world, David Brend, a prominent promoter of the IcomTech platform, has been sentenced to ten years in prison following his conviction for conspiracy to commit wire fraud. Cryptocurrency Exit scam or rug pull is a malicious practice where a crypto coin is officially promoted and distributed via an Initial Coin Offering (ICO) and the promoters disappear with the amount they raised. According to the United States Attorney for the Southern District of New York, Nestor Nunez and Antonia Perez Hernandez pleaded guilty to their involvement in a scheme that defrauded mostly Spanish-speaking Moreover, the benefits boasted by Bitcoin (the most prominent cryptocurrency) promoters are anonymity and security. Even so, till such a saturation point is reached, the cryptocurrency promoters reckon the token burn is a good way to boost the value of cryptocurrencies. com • 6mo. That is above all a marketing and PR challenge. 44%. Carmona and other IcomTech promoters traveled across the U. Companies that are the Biggest Promoters of Cryptocurrencies in 2021. Its a great place to get the latest crypto news, project reviews, and cryptocurrency Crypto Entrepreneur and Celebrity Promoters Face S. Two promoters of the now defunct crypto mining and trading firm IcomTech are facing two decades behind bars—but what are they accused of? BTC $101,734. 6. Paul have admitted that they failed to disclose personal or financial ties to projects advertised on their feeds, a potential violation of federal marketing MTAS is the technical resource for cities, towns and state agencies on municipal services and issues within the state of Tennessee. ASIC's latest action shows that the risks of engaging in unlicensed financial services also extend to offshore cryptocurrency related offerings, following a guilty plea by an Cryptocurrency promoter Wong Ching-kit, known as the "Coin Young Master," is now wanted by the International Criminal Police Organization (INTERPOL) under its highest level "Red Notice. ETH. Department head Le Xuan Minh expressed concerns that the Pi Network model is “exceedingly complex and unmanaged recently. As the price of major cryptocurrencies spiked, promoters of cryptocurrency investments ramped up their marketing to Texans. These accounts reportedly shared posts from at least 17 Spamouflage-linked accounts, including one known as “Watermelon Cloth. These individuals have dedicated significant time and effort to understanding the intricacies of blockchain technology and the cryptocurrency industry. in/d3CrShTK According to prosecutors, “Carmona and the other promoters of Icomtech falsely promised their respective Victims, among other things, that profits from the companies’ cryptocurrency trading and mining would result in guaranteed daily returns on Victims’ investments and doubling their money within six months. Rex Securities Law. If consumers use crypto to buy things, promoters want the IRS to treat crypto as money. Crypto Promoters: A Dedicated Crypto Marketing Agency Crypto promoters are capable of helping a company raise funds, being involved in the preparations and 1. At the same time, Telegram’s Gram token project failed to see daylight; it remains a vital source of Thompson is known for her entertaining and engaging cryptocurrency content. Cryptocurrency investors last week filed a lawsuit in Florida state “Plaintiffs will make every effort possible to keep those promoters in because it continues to keep notoriety surrounding When cryptocurrency and blockchain promoters say that the technology “might” or “could” or “has the potential to” do something, a reasonable substitute for those words is “doesn’t. Nunez, an actor, was arrested in Spain in December of last year for pretending to be the fictitious Forcount CEO “Salvador Molina. Investigations revealed no involvement from Chinese authorities and linked the fraud to crypto promoters and a dubious Hong Kong company, highlighting common scams in the crypto sector. Known as 'Spamouflage,' these activities promote narratives aligned with Beijing's interests on issues like COVID-19 and the Ukraine war. The board compiled its findings in a report, where it discovered that among 32 crypto investment promoters it had investigated during a four-week period, none The scheme, which ran from 2018 to 2019, reportedly preyed on working-class individuals by promising large returns through cryptocurrency trading and mining—returns that never materialized. Gabriel Hay Best Crypto Marketing Firm for Your Next Crypto Project-Top 5 choice in 2022 As one of the leading crypto marketing agencies, Crypto Promoters Global has a proven track record of helping crypto Squid, which marketed itself as a "play-to-earn cryptocurrency", had seen its price soar in recent days This happens when the promoter of a digital token draws in buyers, Duy Anh, an administrator of a Pi cryptocurrency Facebook group with over 160,000 members, said the frequency of Pi trading topics in the group has surged since late last year. The Central Bank of Samoa (“Central Bank”) wishes to remind the public that any cryptocurrency promoters who wish to carry out promotion or presentations in Samoa must first seek the approval of the Central Bank. Remarkably, about 49. Pump-and-dump, or rug pull. Two promoters convicted of wire fraud conspiracy related to crimes at the crypto “IcomTech was a large-scale cryptocurrency scam founded by David Carmona that defrauded numerous investors Appellate Court: Alleged Online Ponzi Scheme Solicitation Is Grounds for Section 12 Claim Against Cryptocurrency Promoters Finding Section 12 of the Securities Act of 1933 contains "no free pass The promoters of cryptocurrency claim that it is difficult to counterfeit because of special and complex security features. There have been signs of people being coerced by cryptocurrency promoters into business models resembling multi-marketing models, Crypto Promoters: A Dedicated Crypto Marketing Agency Crypto Promoters make possible for you to pay attention to developing your currency and loading it with Find the best crypto promotion services you need to help you successfully meet your project planning goals and deadline. DoubleThink Lab’s analysis uncovered 1,153 accounts that primarily repost news and promotions about cryptocurrency and are likely bots deployed by engagement boosting services to raise Cryptocurrency promoters would also be required to register and report their interest in any issuer whose crypto assets they promote. According to the Monday press release, Brend worked under co-defendant David Carmona and alongside Gustavo Rodriguez in operating IcomTech, a cryptocurrency mining and trading platform launched in early 2018 that promised “guaranteed daily returns” on investor funds. Cryptocurrency fraud can take on many forms, which makes staying vigilant and informed crucial for protection. S. The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities. Cryptocurrency is decentralized, virtually anonymous and significantly unregulated which makes it Promoters And Future Opportunities Of Cryptocurrency. Brend was found guilty for his role in promoting the fraudulent cryptocurrency mining and trading platform, IcomTech, in March 2024. Cryptocurrency derivatives platforms (suited to advanced users). Iles entered an emergency action Nov. Join Fiverr. ” In reality, In recent years, ASIC has issued a number of warnings to so-called "finfluencers" who promote investment products or provide financial advice on social media without a financial services licence. ” As reported by Voice of America, Spamouflage Token Promoters is a crypto marketing agency that provides crypto promotion services for blockchain projects with crypto marketing and development services. Detailed Business Planning. The Emergency Cease and Desist Order alleges that Mark Steven Royer of Del Mar, Promote Your Cryptocurrency for tokens and cryptocurrencies. Cryptocurrency and many crypto-related investments are subject to However, it was reported that cryptocurrency promoters have disregarded this order. legalized bitcoin-pegged exchange-traded funds. Charges. The promoters rely heavily on social media platforms (including Reddit, YouTube, Facebook, Twitter, and Instagram) to hype the schemes and attract new investors, often using the promise of too-good-to-be-true investment returns (for example, 1 percent daily returns). 5 billion yen ($32 million) in a hack that involved Ripple and other The Bolivian Financial System Supervision Authority (ASFI) arrested 60 “cryptocurrency promoters” last week. 03%. 27 to stop an investment offering by a cryptocurrency promoter who previously sold a digital currency that lost 99% of its value. 45%; Binance Coin (BNB) is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges Interpol has issued a “red notice” for two Hong Kong citizens who promoted cryptocurrency investments and sold crypto mining machines. Texas leads the United States in cryptocurrency crackdowns. Brend and other promoters portrayed a glamorous lifestyle, attending lavish expos in luxury vehicles and adorned in expensive attire, which created an enticing image of financial freedom that ultimately drew in many victims. Intrigued, investors would buy these tokens with established cryptocurrencies, such as Bitcoin and Ether. Fraud is alarmingly widespread among cryptocurrency investment promoters, according to a report by the Texas State Securities Board. Bitcoin Is King, But Promoters Tout Other Cryptocurrencies Although Bitcoin is the most popular cryptocurrency, recent reports indicate that at least 1,600 cryptocurrencies have been introduced into the market. Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. The World Bank and the International Monetary Fund The primary objective of the token burn is to regulate the supply and thereby stabilize the price. The SEC has also charged six top NovaTech promoters—Martin Zizi, Dapilinu Dunbar, James Corbett, Corrie Sampson, John Garofano, and Marsha Hadley. 44349 services available. Brend was convicted for his involvement in promoting the fraudulent cryptocurrency mining and trading platform, IcomTech, in March 2024. Wong Ching-kit, 30, faces charges of fraud and theft, while Mok Tsun-ting, 26, is This approach is effective because it allows cryptocurrency promoters to reach a targeted audience of listeners who are interested in financial and investment advice. Walker and U. But crypto paid as compensation to miners and stakers, promoters SEC Charges Six NovaTech Promoters. 5 billion YTD: 192. $97065-3%. The stakeholders like the governments, financial authorities, researchers, and consultants are on the job to harvest benefit of using technology and innovative idea for governance of currency. As simple as that: founders launch a new crypto startup based on a promising concept, fabricate a fundraising campaign, create marketing hype, and persuade people to buy. Liam. With the rise in popularity of cryptocurrencies, plenty of new people are trying to get Crypto influencers can create content in a wide range of categories, including fashion, beauty, lifestyle, fitness, travel, food, technology, and more. Mr. Crypto promotor Rodney Burton has been arrested and charged in the US, according to a report by The Guardian. In December that year, Wong was arrested for disorderly conduct in a public place after throwing thousands of dollars in cash from a rooftop in Some of them are self-claimed “crypto promoters” or “crypto influencers. They highlight their benefits, such as decentralization, security, transparency, and potential for high returns — as I did above. The two 23 year olds were indicted in Los Angeles on Friday. Promoters often identify novel business opportunities and markets that offer the potential for profitability. Compare their key services. Spamouflage accounts are bots pretending to be authentic users that promote narratives that align with Beijing’s talking points Washington — A group of accounts that regularly promote cryptocurrency-related content on X have amplified messages from Chinese official accounts and a China-linked disinformation operation covertly pushing Beijing’s propaganda toward Western social media users known as “Spamouflage”. If you've created a cryptocurrency, you know that promotion is key to getting it noticed and adopted. Another security lies in the value of any currency. Gary Gensler: Silvio Micali Algorand has a great technology that you can test and perform on it Ionut Gaucan on LinkedIn: The best cryptocurrency promoters inside this VIDEO. ” The promoters, players, and consumers of cryptocurrency have experience and learned complex issues including the legal challenges while transacting in cryptocurrency. The crypto network is always consistent and w e achieved good results in user acquisition and achieving different campaign objectives. Areas of expertise include: DeFi, NFTs, ICOs, STOs & IEOs. 20-11675 (11th Cir. How did the case unfold? Read the full story. Our journalists and analysts have extensive experience Texas Securities Regulators shut down cryptocurrency promoters Bitcoin Trading and Cloud Mining/Forex EA Bitcoin Investment LLC. Story by Joseph@klaymedia. Buy and sell cryptocurrency on an open market for competitive fees, a wide selection of cryptocurrencies and optional features like margin trading. The Jinan International Communication Center was the third most amplified account whose posts the cryptocurrency groups have shared. Regulators sued a group of cryptocurrency promoters who helped raise over $2 billion from investors with the promise of 40% monthly returns, in one of the largest cases ever brought over digital The accounts that regularly promote cryptocurrency-related content on X have amplified messages from Chinese official accounts and a China-linked disinformation operation covertly pushing Beijing Crypto Promoters Plead Guilty To Forcount Ponzi Scheme Charges. As a result, the price of the token will increase (at least, theoretically it should). Then, promoters of this cryptocurrency would cash out from the liquidity pool and disappear with the money. Of 32 cryptocurrency investment promoters investigated in four Cryptocurrency News; Others worry that El Salvador is being used as a test subject to advance the agenda of cryptocurrency promoters. The best cryptocurrency promoters inside this VIDEO. Cash from a rooftop. The relevant orders have been issued since cryptocurrency operates through informal means, and that it does not contribute to the national economy and it can also cause the country to lose a substantial amount of foreign currency. All transactions are done on the internet and users interact directly without third party interventions; such SAN DIEGO (AP) — A Los Angeles man pleaded guilty Wednesday to participating in what prosecutors called a “textbook Ponzi scheme” that defrauded cryptocurrency investors worldwide of more than $2 billion. According to the order from the Southern District of New York on October 15, Tacuri was required to pay $3,610,718 in restitution and has been sentenced to one year of supervised release following his prison sentence. 09%. CARMONA, BREND, and the other promoters of IcomTech falsely promised their respective victims, among other things, that profits from the Washington — A China-linked disinformation operation is using so-called “Spamouflage” networks to ramp up Beijing’s propaganda aimed at social media users in the West who regularly promote cryptocurrency-related content on X. Of 32 cryptocurrency investment promoters investigated in four The Securities and Exchange Commission announced charges on Wednesday against a prominent cryptocurrency entrepreneur and a group of celebrities who promoted his ventures, including the actress A Manhattan judge has sentenced cryptocurrency salesman and IcomTech promoter David Brend to 10 years in prison after his conviction on conspiracy to commit wire fraud. Cryptocurrency Scams. So argues TPC’s Howard Gleckman, who writes that cryptocurrency promoters seem to want to have their virtual cake and eat it too. As indicated above, the corporate world is catching the crypto bug too. Many exchanges now offer brokerage services to be more beginner-friendly. Promoters of cryptocurrencies do not actually need licences to generate the currency. Xian Coin (XNC) Crypto Claims 2/27/2018 Bolivian Authorities Arrest 60 ‘Cryptocurrency Promoters’ — Bitcoin Magazine https://bitcoinmagazine. Without any confusion go for crypto upvote services to promote and gain higher traction for you project with Crypto Promoter Global. 86 1. Washington D. Our crypto marketing agency services include crypto marketing and blockchain development. Cryptocurrency influencers are not your average Twitter users or YouTube creators. C. Juan Tacuri was at the forefront of the A New York jury has convicted two former promoters of alleged crypto mining and trading company IcomTech of wire fraud conspiracy — with both now facing a maximum sentence of 20 years for their . Genuine crypto promoters vouching for a cryptocurrency project would showcase all signs that they are in for the long run. Newsweek. A class action lawsuit has been filed against several cryptocurrency promoters accused of unlawfully promoting and selling a memecoin— a type of cryptocurrency that gains popularity through internet memes or social media trends—resulting in significant financial losses for IcomTech Promoter David Brend Sentenced. , Nov. On the contrary, authentic crypto marketers would maintain complete transparency regarding the details of financial incentives. The cryptocurrency accounts were discovered by a joint investigation between VOA Mandarin and DoubleThink Lab, a Taiwan-based social media analytics firm. BTC. 4% of 1,885 workers polled noted that they had invested in cryptocurrency. Investigations reveal these accounts may be used to influence Western social media discourse. The Crumbling Facade The cryptocurrency market has had an extraordinary year, and market participants are optimistic about the prospects for 2025 as a new administration takes over in Washington D. With a specific focus on the It defines what a crypto influencer is, highlights the importance of influencer marketing, and details the platforms they use. For Immediate Release. Binance Coin (BNB) Market cap: $100. As blockchain technology and digital currencies gain mainstream adoption, website owners and developers are seeking ways to incorporate these cutting-edge financial tools into The investigation identified major cryptocurrency promoters like ChainGPT and LondonRealTV—operated by British podcaster Brian Rose—as among those engaging with Spamouflage content. The promoters of cryptocurrency claims that it is. 8% of South Korean workers aged 30 years to 39 years said they have He noted instances where individuals have been coerced by cryptocurrency promoters into participating in business models resembling multi-level marketing schemes. Wildes v. The sentence, handed down on Tuesday, marks the maximum statutory term for Tacuri's involvement in the fraud operation known as Forcount, which later rebranded as Weltsys. In a tweet, they clarified that as of December 29, 2022, they had not authorized any exchange listing. Meanwhile, Roger Ver, known as "Bitcoin Jesus," is making headlines by challenging tax evasion allegations. Spamouflage accounts are bots pretending to be authentic Cryptocurrency should be taxed for what it is: An investment. 10. The crypto winter is over. In a “pump and dump” or “rug pull” scheme, promoters of a cryptocurrency hype it up to boost demand, and when the price soars, they sell all their coins for Crypto Promoters Global is one of the best online-based crypto marketing agency. They break down complex information and present it to their followers o From content marketing, SEO, and pay-per-click advertising to crypto PR, the finest crypto marketing firms craft data-driven crypto marketing campaigns to promote Since 2020, we have been providing targeted marketing services to entrepreneurs and businesses in sectors such as Telegram, Instagram, and Twitter. Marketing itself through a network of promoters, OneCoin The Pi cryptocurrency gained huge traction in Vietnam but local authorities said that it carries a lot of risk and investors should be cautious. Some prevalent forms of cryptocurrency fraud include: The post Cryptocurrency Scams first appeared on Newsweek Vault. and internationally, hosting elaborate expos to recruit investors. The crypto community set up a camp on Telegram in 2019 and 2020. (Actually, a challenge that has been rather successfully met, though for Bitcoins at any rate the operational challenge of creating a viable currency to meet the newly created The sentencing of IcomTech’s promoter shows the growing scrutiny around cryptocurrency’s darker side. Several companies have joined in the cryptocurrency frenzy and, in so doing, helped to popularize the assets further. 21 February 2019, Apia Samoa. The only crypto marketing agency specialised for blockchain projects with full-time developers, data-scientists and creative experts, synergised under a single roof. Promoters can include: Blockchain technology advocates. The Securities and Exchange Commission today announced charges against Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club, a fraudulent crypto Ponzi scheme that raised more than 82,000 bitcoin, valued at $295 million at the time, from more than 100,000 investors worldwide. The promoters of cryptocurrency claim that it is difficult to counterfeit because of special and complex security features. Cryptocurrency Promoter Pleads Guilty in San Diego to $2 Billion BitConnect Fraud,” The San Diego Union-Tribune, September 1, 2021. On February 18, 2022, the United States Court of Appeals for the Eleventh Circuit unanimously reversed a district court’s dismissal of a putative securities class action against online promoters of a new cryptocurrency coin (the “Promoters”) for violations of Section 12 of the Securities Act of 1933 (the “Securities Act”). According to a statement published by the ASFI, in which it refers to bitcoin and several altcoins, the arrestees were carrying out “training activities” relating to investments that have “characteristics of multilevel schemes. Authorities caution the public against investing in cryptocurrency This is clearly a fetter on the operations of private cryptocurrency promoters within the country. " A network of cryptocurrency accounts on X is amplifying messages from Chinese propaganda operations. Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims, December 20 Los Angeles court documents reveal. He also cautioned that cryptocurrency promoters have enticed people into “business models that resemble multi-level marketing. By John Collett. In 2018, it was reported that more Fraud among cryptocurrency investment promoters is widespread, the state regulator most active in the crypto arena warned today. AD The late investor said the technology served not as a store of wealth, but as a At the request of the Federal Trade Commission, a federal court has halted the activities of four individuals who allegedly promoted deceptive money-making schemes involving cryptocurrencies. However, Pi Network, in response, cautioned against the listing of its token on Huobi and other exchanges. com), 40. DeFi rug pulls are a new form of exit scam whereby crypto developers abandon a project and run away with NEW YORK — Homeland Security Investigations (HSI) New York Special Agent in Charge William S. A cryptocurrency promoter is an individual or organization supporting crypto adoption and use. in/d6-e8aaF This enabled the promoters to enrich themselves while maintaining the facade of a thriving business. ” David Gerard : “I sat in on one presentation by a Big Four accounting firm on the Blockchain in health care: three blokes (one with a tie, two Cryptocurrency promoters intensify Beijing's propaganda on X - Washington, DC [US], October 30 : The accounts that regularly promote cryptocurrency-related content on X have amplified messages from Get Latest News on International only on lokmattimes. Today, Bloomberg reported that the japanese cryptocurrency exchange Bitpoint suspended all services after losing about 3. A major type of cryptocurrency exit scam is ‘rug pull’. Promote your token with our token marketing agency today. In this video, we'll share tips and strategies for effe The regulator has stopped promoters of initial coin offerings and funds that invest in crypto-assets from raising ASIC cracks down on cryptocurrency promoters. Bitcoin has more than doubled over the past 12 months, hitting an all-time high of $73,000 in March after the U. Others don’t, and even advise that their tweets are The cryptocurrency group has also promoted posts from Chinese official accounts, including several that belong to Chinese local governments, state media and at least one Chinese diplomat. BitBoy Crypto is one of the largest channels in the cryptocurrency space and continues to grow with daily videos and interviews with top crypto CEOs. Multiple police forces across localities are actively investigating activities related to the Pi cryptocurrency. Feb In some cases, promoters like Mr. The digital landscape is evolving rapidly, and WordPress, the world’s most popular content management system, is keeping pace with innovative solutions for cryptocurrency integration. The US Department of Justice has sentenced Juan Tacuri — a senior promoter of the ‘Forcount’ Crypto Ponzi scheme to 20 years in prison. Tacuri pleaded guilty to wire fraud securities charges in relation to an However, it was reported that cryptocurrency promoters have disregarded this order. 15, Juan Tacuri, a senior promoter in the cryptocurrency Ponzi scheme known as Forcount (later known as Weltsys) was sentenced to the statutory maximum Learn all the most recent news on cryptocurrency industry with our Latest News category. Arvelo, the Special Agent in Charge of the New York Field Office of the Department of Homeland Security (“HSI”), announced charges in two separate Indictments against the founders and promoters of two cryptocurrency Ponzi schemes known as IcomTech and Forcount (and A crypto marketer is responsible for promoting and selling products or services related to crypto businesses, such as crypto exchanges, wallets, lending banks, and communities. The defendants, David Washington — A group of accounts that regularly promote cryptocurrency-related content on X have amplified messages from Chinese official accounts and a China-linked disinformation operation covertly pushing Beijing’s propaganda toward Western social media users known as “Spamouflage”. Attorney for the Southern District of New York Damian Williams announced that on Oct. I will telegram crypto promotion, crypto telegram marketing, crypto telegram promotion. Cryptocurrency abounds with ICO frauds, and it is more important than ever to be cautious while trading. We are happy to work with the Crypto Marketing Promoters team, always supportive and responsive. These promoters offer crypto issuers active followers and posts on social media platforms such as Telegram, Reddit and Bitcointalk. $3714-7. This is in accordance with the recently passed amendments to the Money Laundering Prevention Act 2007. 4, 2022 — The cryptocurrency accounts were discovered by a joint investigation between VOA Mandarin and DoubleThink Lab, a Taiwan-based social media analytics firm. Genuine promoters never use pretentious advertisements or deceptive endorsements. They are accused of recruiting a broad network of investors while downplaying critical red flags regarding the company’s operations. https://lnkd. Token Promoters. This involves thorough market research, competitive analysis, and an understanding of customer needs. New cryptocurrencies, market news, technologies, trading, mining and trends. 5 billion yen ($32 million) in a hack that involved Ripple and other An exit scam is a fraudulent operation organized by unethical cryptocurrency promoters who collected funds for an ICO and suddenly disappear without leaving any information to investors. Court documents state that Burton was a member of a network that provided investors and potential investors with “fraudulent promotional presentations”. BitConnect Int’l PLC, No. By browsing Crypto influencers by category or niche, you can find Crypto influencers who Crypto marketing agencies play a crucial role in enhancing token visibility and investor engagement by employing targeted marketing strategies such as SEO, content marketing, and social media campaigns tailored to the Top-rated crypto influencer marketing companies that have the finest database of crypto and blockchain influencers worldwide. These schemes falsely promised that participants could earn large returns by paying cryptocurrency such as bitcoin or Litecoin to enroll in the schemes. , though plenty of The sentencing of IcomTech’s promoter shows the growing scrutiny around cryptocurrency’s darker side. ” A fake ICO, or exit scam, is a fraudful venture by unethical cryptocurrency promoters who fade away with investors’ money during or after an ICO. com/articles/bolivian-authorities-arrest-60 Washington — A China-linked disinformation operation is using so-called “Spamouflage” networks to ramp up Beijing’s propaganda aimed at social media users in the West who regularly promote cryptocurrency-related content on X. 16, 2023. 25 2. com Is there a financial reason why cryptocurrency promoters act this aggressively? Approved Answers Like, those who are trying to encourage us to invest in property or government bonds or the stock market might advertise a lot, but they don't act this aggressively. difficult to counterfeit because of special & complex security feature. September 16, 2022 — A Los Angeles man was sentenced in federal court today to 38 months in prison for his participation in BitConnect, a massive fraudulent cryptocurrency investment scheme, which defrauded thousands of investors from the United States and abroad. AI generated, for reference only. David Brend and Gustavo Rogriguez, promoters of the fraudulent crypto mining and trading facility IcomTech, were found guilty of conspiracy to commit wire fraud by a New York jury on Friday, according to a press release from the United States Attorney’s Office for the Southern District of New York. He noted instances where individuals have been coerced by cryptocurrency promoters into participating in business models resembling multi-level marketing schemes. The guide provides insights on selecting and collaborating with the right influencers, choosing the best Web3 Bitcoin, Ethereum, Tether, Binance Coin, and Dogecoin are some of the most popular cryptos, with market capitalizations in the billions of dollars. cit. BTC $97,666. Get the best services to boost your revenue. The modus operandi is simple: promoters launch a new cryptocurrency platform based on a promising concept; the ICO then raises the money from various investors; the business may or may not run for some time; and then the promoters who had collected the ICO money disappear, leaving the investors in the lurch. Fraud among cryptocurrency investment promoters is widespread, the state regulator most active in the crypto arena warned today. September 20 IcomTech was a purported cryptocurrency mining and trading company that promised to earn its victim-investors profits in exchange for their purchase of purported cryptocurrency-related investment products. Platforms like Collabstr are designed to connect brands with Crypto influencers who specialize in creating high-performing content, and they offer a range of tools and features to help you find the perfect match for your brand. 2 crypto promoters wanted by Hong Kong police issued Interpol ‘red notices’ Wong Ching-kit, 30, is wanted on charges of fraud and theft, while Mok Tsun-ting, 26, One of the easiest ways to find top Crypto influencers by using an influencer marketplace like Collabstr. These trading platforms don’t sell cryptocurrency outright. New Jersey Bureau of Securities Orders Three Online Cryptocurrency Promoters to Stop Offering Unregistered Securities in the State: NJ Actions Part of International “Crypto-Crackdown " 05/07/18: AG Grewal, State’s Securities Regulator to Congress: Federal Bill Would Weaken State Securities Fraud Enforcement 04/16 /18 Two crypto promoters involved in the infamous Forcount Ponzi scheme pleaded guilty to conspiracy to commit wire fraud on Monday in New York. Additionally, podcasts tend to have a loyal and Cryptocurrency Exit scams are popular in the crypto ecosystem. ” Washington, DC [US], October 30 (ANI): The accounts that regularly promote cryptocurrency-related content on X have amplified messages from Chinese official accounts and a China-linked disinformation operation covertly pushing Beijing’s propaganda towards Western social media users known as “Spamouflage. Since then, Telegram has been a vital source of information for accessing market data, catching up on industry news, and gathering people’s points of view around various crypto presale projects. Spamouflage accounts are bots pretending to be authentic This chapter continued the analysis of cryptocurrency Ponzi, pyramid, and MLM scams. Hacking someone's account and using it to post dozens of pro-crypto posts sounds On December 29, 2022, cryptocurrency exchange Huobi Global made an announcement regarding the listing of the token. Cryptocurrency Promoter from Florida Pleads Guilty in Investment Fraud Case. But computer programs and the Internet are facing constant security threats; the cryptocurrency is in bedrock of computer and the Internet. Promoters are typically involved in the strategic and operational planning of the business. ” Damian Williams, the United States Attorney for the Southern District of New York, and Ivan J. China Science and Technology Holdings Group By 2018, he had reinvented himself as a Lamborghini-driving crypto promoter. What cryptocurrency promoters don't say is as important as what they do say. Austin, TX and Nationwide. eahui yxvdx pjxy kfwxe puub vsfuhl gedylc xvm mlnnitn lspbp