Scammers to Create Fake Bloomberg Reporters Accounts

Scammers created fake Twitter accounts of blockchain journalists Lily Katz and Olga Harif
24 May 2018   340

Twitter accounts Lily Katz and Olga Harif - employees Bloomberg and Businessweek - were simulated by scammers who on behalf of journalists asked the audience to send them some sums in crypto-currencies. This is reported by the Forbes.

Scammers created fake accounts in Twitter @ LilyKatz5, @ subidetu4692 and @ o1gakharif - using the same names and photos as on the original pages of their victims. In an attempt to avoid detection, scammers blocked true journalist accounts, and then started sending spam to their followers with offers to send them a little cryptocurrency in exchange for a small number of ETH coins.

Despite the fact that the accounts of Katz and Harif are verified (such accounts have a small blue tick next to the owner's name), fake accounts have existed for quite a long time - a whole week.

Twitter has long been criticized for its inability to cope with the huge number of bots that hit its platform. Some believe that the social network does not want to do this, because their removal will mean a significant drop in the number of monthly active users on the site, as well as a sharp reduction in the number of followers of many of its users.

SEC to Slap ICO Founder With $30K Fine

Additionally, David Laurance, founder of Tomahawk Exploration LLC got 2 lifetime bans
15 August 2018   118

The US Securities and Exchange Commission (SEC) on Tuesday reported that it has issued two new bans directed against David Laurence, the founder of Tomahawk Exploration LLC. Tomahawk allegedly stands behind fraudulent ICO, writes CoinDesk.

Laurence, according to the SEC, raised funds through the sale of Tomahawkcoin tokens, in the process of using misleading advertising materials and fraudulent statements that it is a tenant of drilling sites.

Moreover, the sale of Tomahawkcoin tokens, according to the SEC, was accompanied by a false promise that "the holders of tokens will be able to exchange Tomahawkcoin for shares and receive a potential profit from oil production and secondary tokens trading."

According to the SEC, Lawrence neither acknowledged nor denied the charges, but he and his company agreed to these bans, as well as a fine of $ 30,000.

...Tomahawk issued tokens as part of the Bounty Program to generate interest in the ICO, which benefited Tomahawk. Distribution of tokens that are securities in exchange for promotional services to advance the issuer's economic objectives or create a public market for the securities constitute sales for purposes of Section 5 of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder.
 

SEC

The first prohibition of the SEC is a ban on the director's work in public companies, and the second does not allow Lawrence to own and trade in so-called "penny" shares. Both prohibitions, according to the announcement of the SEC, are lifelong.