ICO (Initial Coin Offering)

Arrest of FutureNet Co-Founder for Crypto Fraud

Wednesday. August 21 at 6:30 PM

1 min. read

Montenegro authorities have apprehended Roman Ziemian, co-founder of the alleged crypto scam FutureNet, accused of embezzling approximately $21 million in a sophisticated crypto fraud operation. Ziemian was discovered using a fake identity in Podgorica, Montenegro's capital, by a specialized police unit. Arrest warrants from South Korea and Poland, citing charges of fraud, money laundering, and theft, have been issued against him. Facing potential life imprisonment in South Korea, Ziemian is in custody as the Police Directorate seized suspected devices and items linked to his illicit activities. Ziemian's extradition will be determined by Podgorica's High Court. FutureNet, founded by Ziemian and Stephan Morgenstern in 2018, promoted itself as a multilevel marketing venture with the FuturoCoin (FTO) crypto token. The collapse of FutureNet and warnings of a potential pyramid scheme by Polish authorities have raised concerns. Investigations into FutureNet's fraudulent activities have intensified, with parallels drawn to other crypto-related fraud cases.

More news 🗞️

Empowering Retail Investors Through MiCA-Compliant CASPs

Wednesday. August 28 at 12:00 PM

Legion aims to be among the first MiCA-compliant CASPs, offering non-accredited investors access to early fundraising and token offerings. The team believes that Initial Coin Offerings (ICOs) revolutionized blockchain project fundraising but faced issues like scams and regulatory challenges. Legion's goal is to provide equal opportunities for on-chain fundraising, ensuring regulatory compliance and accountability. By leveraging their experience in on-chain fundraising, Legion plans to create a community-driven ecosystem. Backed by notable investors, Legion is focused on maximizing value per dollar raised and building a strong community culture. With a $2M Seed round completed, Legion is developing a reputation system and obtaining necessary licenses to enable pre-token fundraising rounds for non-accredited investors under MiCA regulations. Through their platform, retail investors can participate in on-chain fundraises while maintaining regulatory compliance and accountability.

ICO (Initial Coin Offering)

Exploring the Hottest ICOs in the Crypto Space

Wednesday. August 28 at 9:00 AM

Crypto investors are always searching for the next big opportunity. The latest hype revolves around two promising ICOs: Husky Inu (HINU) and Mpeppe (MPEPE). These tokens have caught the eye of the crypto community for good reasons. Both Husky Inu and Mpeppe are rapidly gaining traction and providing early investors with a chance to enter at the ground level of potential major memecoin sensations. Husky Inu is emerging as an exciting new memecoin on the Solana blockchain, aiming to bring real value to its community. The token's presale has been highly successful, showcasing growing interest and confidence. On the other hand, Mpeppe is making waves with its strong community support and attractive pricing. Both projects offer unique value propositions and the potential for significant returns, making them noteworthy contenders in the evolving memecoin market.

ICO (Initial Coin Offering)

Shifting Trends in Cryptocurrency Investments

Sunday. August 25 at 7:00 PM

Investors are constantly seeking higher returns, leading them to explore new opportunities. Recently, investors from Base Dawgz (DAWGZ) have started migrating to Mpeppe (MPEPE) due to the promise of better returns and innovative features. Base Dawgz initially gained attention for its unique De-Fi approach but some investors doubt its ability to deliver. In contrast, Mpeppe offers a wider range of revenue-generating activities including De-Fi staking, gaming, and sports betting, attracting investors with its versatility. The shift is driven by Mpeppe's potential for higher returns, broader market appeal, and strong community support. With its innovative features and strategic vision, Mpeppe is poised for success in the cryptocurrency market, offering significant returns for early investors. For more information on Mpeppe (MPEPE) Presale, visit their website and join the community.

ICO (Initial Coin Offering)

SEC's Legal Battle with HEX Founder Richard Heart

Friday. August 23 at 10:00 PM

The United States Securities and Exchange Commission has opposed Hex (HEX) founder Richard Heart's attempt to dismiss its $1 billion securities lawsuit, asserting its authority to pursue the case. The SEC argued that Heart's motion to dismiss disregarded the allegations and applicable laws in the complaint. Heart claimed the SEC had no jurisdiction over him as he resides abroad and has not visited the US during the relevant period. However, the SEC countered by stating that Heart targeted US investors through promotional activities for HEX, PulseChain, and PulseX. The regulator also accused Heart of misusing investor funds for personal luxury items. Despite Heart's claims of no deceptive conduct, the SEC maintained that he illegally sold securities and violated federal securities laws. The legal battle is ongoing, with the next hearing scheduled for October 24.

ICO (Initial Coin Offering)