SEC Official Calls Crypto Scams the ‘Flavor of the Year’
Scams involving celebrity endorsements of digital assets are becoming more common.
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators.
Jared Rice, Sr., pleaded guilty to duping investors out of more than $4 million.
Fed Chair Jerome Powell is expected to address whether the U.S. central bank will taper its $120 billion-a-month in bond purchases.