EddieJayonCrypto

 12 Sep 24

tl;dr

The Commodity Futures Trading Commission (CFTC) has announced partnerships with federal and private regulators to educate investors and users about the increasing number of crypto scams, particularly "pig butchering" scams. The partnerships aim to curb the growing menace of digital asset-based relat...

The Commodity Futures Trading Commission (CFTC) has formed partnerships with federal and private regulators to educate investors and users about the increasing number of crypto scams, particularly "pig butchering" scams. The partnerships aim to curb the growing menace of digital asset-based relationship investment scams, with the American Bankers Association Foundation and the United States Securities and Exchange Commission's Office of Investor Education and Advocacy playing diverse roles in distributing educational materials and alerts to help users identify potential scams. These efforts come in response to the surging rate of scams costing Americans billions annually, and amid increased regulatory actions against crypto firms for rule breaches. The CFTC has announced partnerships with private and federal regulators to educate users on popular crypto scams, particularly "pig butchering" scams and other forms of fake investment concepts. Regulators continue to tighten the markets against rising crypto scams by bad actors. The programs will see users enlightened on the growing number of "pig butchering" scams and other forms of fake investment concepts. The CFTC has partnered with the American Bankers Association Foundation and the United States Securities and Exchange Commission's Office of Investor Education and Advocacy to prevent digital asset-based relationship investment scams. Partnering organizations focus on preventing relationship confidence fraud and scams targeting investors, aiming to educate users about potential scams. Partnerships aimed at preventing crypto scams will involve the American Bankers Association Foundation and the United States Securities and Exchange Commission’s Office of Investor Education and Advocacy, with efforts specifically geared towards educating users on relationship confidence fraud and pig butchering scams. These initiatives are a response to the increasing rate of scams costing Americans billions annually, as well as heightened regulatory actions against crypto firms for rule breaches.

More about Emeren Group Ltd

Emeren Group Ltd, ReneSola Ltd, develops, builds, operates and sells solar energy projects. The company is headquartered in Stamford, Connecticut.

Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES

Market Cap: 117,374,000

Dividend Yield: None

EPS: -0.31

Shares Outstanding: 1,915

PE Ratio: -0.163

Volume: 103,577,000

52-week High: 4.38

52-week Low: -0.924

Change from 52-week Low: -0.112

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 22 Nov 24
 22 Nov 24
 22 Nov 24