Did You Invest with BKCoin Management?
On March 6, 2023, the Securities and Exchange Commission (SEC) announced action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang, for allegedly defrauding investors in a crypto asset fraud scheme. BKCoin Management Was a Ponzi Scheme In a complaint filed under seal on February 23, 2023, and unsealed on […]
Attorney: Crypto Theft Can be Traced Back to Sim Card Swap
T-Mobile, ATT&T, Metro PCS, Verizon and other mobile carriers could be liable for their customers’ stolen crypto if it can be traced back to a sim swap. The crime, known as SIM Swapping or SIM Hijacking impacts countless investors. If crypto was stolen because your mobile carrier provided your sim card to someone else – […]
Did You Invest in Zima Digital Assets Through Art Hoffman?
Former Glendale, Arizona broker Art Hoffman (CRD# 3193754) has been named in a Securities and Exchange Commission (SEC) complaint alleging he defrauded his clients. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on March 15, 2022, he was registered with Ameriprise Financial Services until he was permanently barred from acting as a […]
Protecting Yourself From a Bitcoin Ponzi Scheme
Bitcoin Ponzi schemes hit an all-time high in 2021 compared to a year earlier, hitting a record-high of 14 billion in total crypto assets stolen dollars. Some of the scams were perpetrated technologically, utilizing programmatic means to swindle money from investors due to some bug in the underlying cryptocurrency technology. But a primary way of […]