Cryptocurrency Archives - Page 2 of 2

Maryland partners with CFTC, 26 state securities regulators to stop $68 million precious metals scheme that targeted seniors

Posted on February 2, 2022 by Chris Montcalmo

BALTIMORE, MD—The Office of the Attorney General’s Securities Division this week announced that it is participating in a multi-jurisdictional, coordinated enforcement action to stop a fraudulent precious metals scheme that resulted in investments exceeding $68 million from at least 450 investors nationwide. The Securities Division has joined the Commodity Futures Trading Commission (CFTC) and 26 other state securities regulators in […]

Man who stole more than $16,000 in cryptocurrency, orchestrated SWAT attack pleads guilty to aggravated identity theft

Posted on October 19, 2021 by Chris Montcalmo

BALTIMORE, MD—A Pennsylvania man has pleaded guilty to aggravated identity theft charges in connection with his involvement in a “SIM swap” and cryptocurrency theft scheme. Kyell Bryan, 20, of Kingston, Pennsylvania, pleaded guilty to the charges on Tuesday. The guilty plea was announced by United States Attorney for the District of Maryland Erek L. Barron; Special Agent in Charge James […]

Securities Division bars Maryland cryptocurrency company, owners from operating in state

Posted on July 28, 2021 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh on Wednesday announced that the Securities Division has issued a Final Order against La Tanya Davis of Silver Spring, Andrea King-Chang of Owings Mills, and their company, Ether Investment and Trading Group, LLC (together EITG) for violations of the Maryland Securities Act in connection with their involvement in a fraudulent offering of unregistered […]

Baltimore County man pleads guilty in scheme to steal digital currency, social media accounts

Posted on May 6, 2021 by Chris Montcalmo

UPDATE: Milleson’s co-defendant has also pleaded guilty to numerous charges. Original story below… —— BALTIMORE, MD—A Timonium man has pled guilty in federal court on charges of aggravated identity theft in connection with with schemes to use the identity information of victims to steal digital currency and social media accounts. Chief U.S. District Judge James K. Bredar sentenced Jordan K. […]

Maryland Attorney General announces coordinated cryptocurrency crackdown

Posted on August 14, 2019 by Chris Montcalmo

BALTIMORE, MD – Maryland Attorney General Brian E. Frosh announced on Wednesday that the Maryland Securities Division is participating in the nationwide Operation Cryptosweep, an initiative of the North American Securities Administrators Association (NASAA). Since the beginning of the year, 35 enforcement actions against Initial Coin Offerings (ICOs) and cryptocurrency-related investment products have been completed by state and provincial securities […]