The Wild West Crypto Show Flags Crypto Schemes and Scams

July 22, 2019 13:41:33

On Episode 69 of the Wild West Crypto Show – Why Fake News is Easy to Create – straight-shooting crypto cowboys Drew Taylor and Brent Bates, hosts of the show, were at it again, bringing their loyal fans up to speed with developments in the space. This time around both Joerg Molt of the Satoshi School and Jonathan Keim, communications director of CryptoCurrencyWire, were back on the show. While Molt talked about the bad guys, relating an encounter with crypto crooks in Costa Rica, Keim recognized the good guys, with updates on three newsworthy happenings in the crypto world.

One such update concerned Britain’s Financial Conduct Authority (FCA) and its efforts to get a tighter hold on crypto. The regulator is proposing a ban “on the sale to retail clients of derivatives and certain transferable securities that reference crypto-assets” due to…

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