The Securities and Exchange Commission (SEC) has announced that a federal court in Florida has fined Woodbridge Group of Companies LLC and its former owner Robert H. Shapiro $1 billion. They have been charged with operating a Ponzi scheme that targeted retail investors. Woodbridge and its 281 related companies will have to pay $892 million…
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Blockchain education provider B9lab has announced the launch of their Community Blockstars Programme to offer free mentoring, training, and certification in Ethereum for 1,000 aspiring blockchain developers. The Blockstars Community Programme aims to strengthen the Ethereum Development Community. There will be two intakes this year in March and October, each with 500 students taking the course…
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B2Broker, a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, has just announced the launch of new 40 Crypto/CFD pairs, comprising all major cryptos such as BTC and Ripple against all major Fiat currencies: USD, EUR, JPY and GBP. The launch also features a range of unique pairs including:…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called TradeFintech. TradeFintech Website: www.tradefintech.com Phone: +27 212053114; +27 510117127; +62 85574670770; +381 113216895; +7 4996091299 Email: [email protected] Reason for warning: The regulator is concerned that TradeFintech may be operating a scam and accordingly advise New Zealand residents to exercise…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm ETbrokers. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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Almost a year ago, Mushegh Tovmasyan, founder of Divisa UK (now part of the Equiti Group as Equiti UK), handed over his duties as Director of the company to Equiti Group’s CEO, Iskandar Najjar. Back then, Divisa Capital / Equiti Group founder Mushegh Tovmasyan has joined institutional cryptocurrency startup XTRADE.io as a strategic advisor. Tovmasyan, however, continued to support…
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Online trading broker ATFX (UK) has just announced that it has expanded its product offering in the UK to include Spread Betting. The Spread Betting account will give clients access to financial instruments covering FX, Indices and Commodities. ATFX will now be offering Spread Betting demo and live accounts on the MT4 platform. Marcos Tigsilema,…
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Back in August, 2018, Iran was rumored to be launching its very own cryptocurrency. Back then, the President of Iran, Mr. Hassan Rouhani stated that the plan to launch the digital coin is in its final stage and very soon, the country will enjoy a second official currency. The primary reason for a potential introduction…
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The US-based financial services company, Robinhood, just received the virtual currency license, called BitLicense by the state of New York. Robinhood is one of the most popular cryptocurrency “exchanges” as it offers commission-free trading – a feature that has attracted many customers and new features to the exchange. Some time ago, Robinhood was rumored to…
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Edgewater Markets has just announced that it has welcomed Sal Provenzano as Managing Director of eFX Sales. As LeapRate exclusively reported last month, the NFA-registered non-bank FX liquidity provider has added to its team Phil Muldoon, David Fowler, Ananda Ariesta, and Marvin Ng. Sal Provenzano brings a wealth of experience in the Foreign Exchange markets space…
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