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New York Adviser Charged in Multi-Million Dollar Trading Scheme

Earlier this month, the Securities and Exchange Commission charged an investment adviser in Westchester, New York with fraud stemming from lies to retail investors about the value of their investments. According to the SEC, starting in approximately 2010, Michael Scronic began to raise money from at least 42 friends and acquaintances, many of whom were

Tezos Initial Coin Offering – You Give us $230 Million, We’ll Give You a Tote bag

In July 2017, tech start-up Tezos conducted what was then the largest Initial Coin Offering (ICO) in history, raising $230 million in just 13 days of crowdfunding to develop its own decentralized blockchain.  Just three months later, however, details of behind-the-scenes in-fighting between the principals operating Tezos have raised rampant concerns about the viability of

Reuters Investigation — Cryptocurrency Exchanges: The New Front of the old West

Reuters — the world’s largest international multimedia news provider — recently published an in-depth investigative study focused on the unscrupulous world of cryptocurrency exchanges.  As the article explains, the burgeoning world of digital currency is a tantalizing way for investors looking to ride the wave of popularity of online exchanges to reap tremendous profits in

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