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The digital currency is also notorious of the scams and problems within it. The top stories from last week saw significant topics that center on the many cryptocurrency scams and problems within the industry, centering on the darker side of digital coins and their presence in the world.
Pierce violated the anti-touting and anti-fraud provisions of federal securities laws. NBA Legend and Hall of Famer Paul Pierce or also known as "The Truth," paid $1.
Aside from Metamask, cybercriminals also impersonated the logistics giant DHL and sent malicious emails to Namecheap users.
A proposed class-action lawsuit alleges YouTuber Logan Paul and CryptoZoo promoted NFTs for sale but abandoned the project and held onto buyers' money.
"There are certain red flags that you can look for beyond it being too good to be true," SEC chief Gensler said.