US Federal Trade Commission Forms Blockchain Working Group

Announcements, Blockchain, Investing, News, Regulation | March 20, 2018 By:

In response to a lawsuit against four individuals accused of cryptocurrency related fraud, the US Federal Trade Commission is forming a working group on blockchain issues.

“It is no surprise that fraudsters might use cryptocurrencies in their scams,” said an FTC blog post¬†from Neil Chilson the acting chief technologist of the agency.