In a new alert issued today, the U.S. Securities and Exchange Commission (SEC) warned investors about the increased risks of fraud from virtual currency-related schemes. The new SEC alert is an update to their previous cautionary release about virtual currencies, which warned of potential Ponzi schemes using digital money. Innovations and new technologies are often […]

The Wisconsin Department of Financial Institutions issued a warning on virtual currencies last week, adding one more official notice on the topic from state-level authorities in the U.S. The statement offered the now-common warnings about cryptocurrency, namely the current price volatility, the lack of oversight and regulation, the association of virtual currency with criminal enterprises, […]