Zeros

Bitcoin Kiosks: Convenience or Crime Scene? You've probably walked past one in a convenience store or gas station— a hulking machine promising instant access to Bitcoin , often plastered with logos and flashing screens. Bitcoin kiosks , also known as cryptocurrency ATMs , have proliferated across neighborhoods worldwide. But if you're like most digital currency enthusiasts who manage assets through exchanges and wallets, you've probably wondered: who actually uses these things? The answer, unfortunately, includes many people who shouldn't. Federal authorities report that cryptocurrency kiosks facilitated hundreds of millions of dollars in fraud losses in recent years. The FBI has issued multiple warnings about scammers directing victims to these machines, where irreversible transactions and minimal identity verification create perfect conditions for theft . Romance scammers, fake government officials, and tech support fraudsters all share a common instruct...

Securities Fraud Charges Hit Multiple Digital Asset Companies Seven companies operating in the digital asset space are facing serious legal trouble. Morocoin Tech Corp., Berge Blockchain Technology Co., Cirkor, AI Wealth Inc., Lane Wealth Inc., AI Investment Education Foundation Ltd., and Zenith Asset Tech Foundation have been charged with violating federal securities laws— specifically, the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 . These charges represent a significant enforcement action in the digital currency sector. The Securities Act of 1933 was created in response to the 1929 stock market crash and requires that investors receive accurate financial information about securities being offered for public sale. The Securities Exchange Act of 1934 governs securities transactions on the secondary market and established the Securities and Exchange Commission to enforce federal securities laws. When companies are charged wit...