Topic 7 & 16.2

1. What has been the outcome for many investors in the HyperTech investment schemes?

• They have successfully withdrawn their funds.

• They have lost their deposits.

• They have received higher returns than expected.

• They have migrated their investments to other platforms.

• They have been compensated by financial authorities.

Tags

CCSS.RI.11-12.10

CCSS.RI.6.10

CCSS.RI.7.10

CCSS.RI.8.10

CCSS.RI.9-10.10

1. What warning did the Hungarian central bank issue about the HyperVerse and HyperFund schemes?

• They compared the schemes to traditional banking systems.

• They advised investors to join the schemes immediately.

• They guaranteed investors' profits.

• They likened the schemes to a "suspected pyramid scheme."

• They encouraged investors to invest more funds.

What is a rug pull in cryptocurrency?

• A type of crypto scam where developers disappear with investors' funds

• A regulatory measure to prevent fraudulent activities in the crypto market

• A decentralized finance (DeFi) strategy to stabilize token prices

• A method used to increase the value of a cryptocurrency token

• A strategy employed by investors to withdraw profits from a crypto project

What is "dumping" in the context of cryptocurrency?

• A process of adding liquidity to the pool

• A method used to increase the value of a token

• An exit scam typically associated with DeFi environments

• A strategy to limit sell orders for retail investors

• A rapid sale of a large supply of tokens by developers

Which cryptocurrency was involved in a pump-and-dump scheme by members of the FaZe Clan?

• SaveTheChildren

• SafeTrade

• SafeCoin

• FaZe Coin

• FaZe Token

What is a pump-and-dump scam?

• A scheme involving the inflation of a cryptocurrency's value

• A scheme involving stocks, where false hype is created to inflate the stock price

• A fraudulent activity in which scammers steal cryptocurrency from investors

• A method used by investment firms to stabilize the market during economic downturns

• A legitimate investment strategy recommended by financial experts

1. What tool has the Department of Justice (DOJ) recently used to prosecute cases in the cryptocurrency space?

• Identity Theft
• Embezzlement
• Insider Trading
• Money Laundering
• Wire Fraud

1. In which case did the DOJ charge the first ever digital asset insider trading case?

• U.S. v. Smith
• U.S. v. Lee
• U.S. v. Patel
• U.S. v. Chastain
• U.S. v. Kim

1. What is the primary advantage for the DOJ in using wire fraud to prosecute cases in the cryptocurrency space?

• Simplification of legal proceedings

• Coordination with other regulatory bodies

• Avoidance of burdensome litigation

• Ability to act unilaterally

• Greater focus on securities fraud charges

1. In international law, what distinction is made regarding state jurisdiction concerning aircraft?

• Personal jurisdiction, applicable to all nationals, regardless of location

• Territorial jurisdiction, only applicable within the state's borders

• Quasi-territorial jurisdiction, concerning national ships and aircraft

• Territorial jurisdiction, which overrides all other forms of jurisdiction

• Extraterritorial jurisdiction, applicable only to non-nationals