Crypto Crime Is a Focus of Trump’s New Task Force on Consumer Fraud

Jeff Bergstrom

Jeff Bergstrom

CIO

Crypto Crime Is a Focus of Trump’s New Task Force on Consumer Fraud
Benjamin Bain and David McLaughlin – Bloomberg
Justice Department-led group will target digital currencies; Fraud against elderly and veterans will also be priorities
In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins.
/jlne.ws/2L6ePAz

Accenture to lead The Institutes’ blockchain platform development
Matthew Lerner – BusinessInsurance.com
The Institutes RiskBlock Alliance, the insurance organization’s blockchain consortium, said that Accenture P.L.C. will lead development of RiskBlock’s production-grade platform to develop and implement blockchain uses for the industry, The Institutes said in a statement Monday.
/jlne.ws/2KZZRML

Big Advertisers Embrace Blockchain to Root Out Digital Spending Waste; Blockchain’s secure, transparent nature has drawn interest from big consumer advertisers, who tend to be wary of digital ad agencies and tech venders
Lara O’Reilly – WSJ
Blockchain technology has made inroads in industries from logistics to health care. Now, it’s gaining traction with marketers, who see it as a potential answer to the pitfalls of online advertising.
/jlne.ws/2L4Js9G

$1.5 Billion Were Confiscated From a Unlawful Crypto Gambling Platform – Coindoo
Adriana Midrigan – Coindoo.com
Twenty-one public security institutions based in Guangdong have arrested 540 individuals accused of creating a football gambling during the FIFA World Cup. They have violated Chinese legislation that prohibits the organization of online gambling. In such cases, both the participants and the organizers are subject to criminal liability.
bit.ly/2L3zANv

John Lothian Newsletter

Banks Get Some Relief in Volcker-Rule Changes

Banks Get Some Relief in Volcker-Rule Changes

Get a FREE 90 day trial of John Lothian Newsletter First Read Hits & Takes JLN Staff Trading Technologies Chief Technology Officer Drew Shields is leaving the company for a new opportunity in New York, a TT source said. His departure is not...

We visit more than 100 websites daily for financial news (Would YOU do that?)

Now Read This

Bcause bets it all on bitcoin

On Thursday, August 8, Judge Janet Baer continued the current round of proceedings in Bcause’s ongoing federal bankruptcy case until September 4.  Bcause demonstrated to the court there is hope a confirmable reorganization plan can be...

Crypto 101: A Beginner’s Primer on Digital Assets

Ever wonder where bitcoin came from, or who made it? How about, ‘what is a blockchain, and how does it work?’ John Lothian News Associate Editor Matt Raebel offers a crash-course in crypto for the inaugural episode of the CryptoMarketsWiki Podcast.

Pin It on Pinterest

Share This