A Brooklyn-based businessman turned cryptocurrency huckster faces up to five years in prison for orchestrating two monstrously phony initial coin offerings (ICOs) last year. Maksim Zaslavskiy, a former institutional developer and “businessman,” plead guilty to two counts of conspiracy to commit securities fraud before a New York district court yesterday, reports FinanceFeeds. Zaslavskiy confessed to defrauding “around” 1,000 investors with a cryptocurrency called RECoin, marketed as the first ever cryptocurrency to be backed by real estate. He also sold special Diamond tokens that were supposed to be hedged by physical diamonds. Not only were both claims fake, but so were the tokens. There was… This story continues at The Next Web
Everyone talks about Amazon as the biggest player in the game, and while they do dominate, it doesn’t mean that everyone should bow down and step aside Alibaba has experienced massive growth. The previous year’s accomplishments are a reminder that they are one of the fastest growing companies, with no sign of slowing down. In […]
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American retail behemoth Target has come out to clarify that a tweet it posted, containing a link to a Bitcoin giveaway scam, came from a third-party software provider – not Twitter. In an email to Hard Fork, a company spokesperson said – contrary to what it suggested previously – Target’s Twitter account was never inappropriately accessed. Rather, it appears the attackers leveraged an account owned by one of its marketing vendors to send the tweet to its audience of almost two million.. “After a thorough investigation with Twitter and our cyber security team, we’ve confirmed that an attacker accessed one… This story continues at The Next WebOr just read more coverage about: Bitcoin,Twitter