New crypto oversight legislation would give authority to CFTC

WASHINGTON — After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress,...

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SEC Says Forsage Ran a Crypto Pyramid Scheme

Photo: Borys Vasylenko (Shutterstock)Some crypto critics like Vivaldi CEO Jon von Tetzchner have called the entire apparatus of crypto “nothing more than a pyramid scheme.” It’s an easy claim when you cite the ever-growing number of scams in the crypto scene that have cost users over $1 billion since last year....

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