Brady was a brand ambassador and the face of FTX, but the crypto exchange has had a torrid week which has led to it collapsing and facing a bid from a rival.
While government agencies have begun to recognize the need to combat crypto fraud, it's clear that the frequency of cryptocurrency fraud is outpacing the ability of consumer watchdogs to police it.
The actor's Crypto.com ad has become a point of discussion on social media following Kardashian's recently announced settlement with the SEC.
Researchers say that the mining of bitcoin is creating climate damages in excess of a coin's value.
To mine new bitcoin, a computer has to solve a cryptographic puzzle, which uses up a large amount of electricity.
USD Coin aims to keep its value locked to that of the U.S. dollar and is partially backed by U.S. government debt obligations.
The resulting report did not establish any new laws but gave a clearer picture of how crypto regulations in the U.S. will be handled.
Ripple is reportedly close to settling out of court with the SEC over allegations that the firm's currency is "unregistered security."
The wife shared that she is the "breadwinner" of the marriage and still puts all her money into a joint account.
Marcia Saephan, who found a leaflet asking for money on her car, said she felt extorted and worried whether the "thief" would come back and break into her car.
Justifying the SEC's 4,500 employees—and $2 billion budget—requires perpetually headline-grabbing work. And for those ready to retire from public service, a broader menu of regulatory activity means a wider range of job opportunities in the private sector.
Watcher.Guru reported early Wednesday morning that more than $5 million had been stolen so far.
Inflation is up, stocks are down and the R-word is everywhere. Here are 15 moves to safeguard your financial security in today's turbulent economy
A crypto trader said he traded in his $8,200 Rolex watch to buy cryptocurrency and is now worth a little more than $1.18 million - but admits the crashing market has halved his wealth.
"We are all extremely worried for his wellbeing. He is obviously in danger," a family member said.
Many Americans have lost their shirts. So why isn't crypto regulated like other financial assets?
According to the Commodity Futures Trading Commission, the individual solicited Bitcoin from nearly 30,000 different individual across the globe.
Policymakers should use the time afforded by the crash both to prosecute fraudsters and to implement a regulatory regime that fuels responsible innovation.
The lack of regulation has long been appealing to cryptocurrency investors, but now industry leaders are changing their tune.
Nayib Bukele led the push to El Salvador becoming the first county in the world to make Bitcoin legal tender.
As the price of Bitcoin continues to fall, some are looking at the change in cryptocurrency prices since Matt Damon promoted Crypto.com.
It's been a tough 2022 for cryptocurrencies.
"Indeed, since 2021, $575 million of all crypto fraud losses reported to the FTC were about bogus investment opportunities," the Federal Trade Commission (FTC) said in a report.
Newsweek spoke to finance academics about whether the world's first cryptocurrency can weather inflation.
Some social media users on Twitter began asking whether Coinbase is down for anyone else, but the company assured users that their funds "are safe."
Having made Bitcoin legal tender in September 2021, the country has made several big currency purchases, frequently buying at prices well in excess of $40,000.
Treasury Secretary Janet Yellen said that financial regulators would soon release a report on the risks of cryptocurrency and other digital assets.