When it comes to scamming people, there are a lot of options. You can look into crypto-currencies or pension funds. The difference lies in the type of scam. While crypto-currency is a scam, pension funds are more of a financial fraud. If you are new to Crypto trading and investments then you must visit

Pension funds

Pension plans are the cornerstone of American retirement security, promising continued earnings during retirement. According to the US Census 2020, over 6,000 public sector retirement plans manage about $4.5 trillion in assets and disburse $323 billion annually to their beneficiaries. But this massive sum of money also attracts the wolves of Wall Street, who prey on regulatory loopholes and vulnerabilities in the plan’s administration.

One of the biggest problems with public pensions is their lack of transparency. As a result, it’s easier for scammers to prey on these investors. There’s also no guarantee that the investments will produce high returns. Because of this, pension funds can’t buy lottery tickets, as the returns are not predictable. However, cryptocurrency talent is dispersed globally, so the risks are minimized.


If your pension is in the market for investment options, you may wonder which is better for your long-term investment strategy. Cryptocurrencies offer a variety of potential benefits to investors, but they also carry a high level of risk. This makes them an unwise choice for pension funds.

Cryptocurrencies are relatively new investments, but some government pensions have been diving into them. For instance, the California Public Employees Retirement System has invested in cryptocurrencies. A few years ago, CalPERS bought shares in the cryptocurrency mining company Riot Blockchain LLC.


Cryptocurrencies can pose risks to your retirement plan. Unlike more traditional investments, cryptocurrencies are volatile and speculative, making it more difficult for your plan fiduciaries to make prudent investment decisions. Moreover, they are less regulated than other investments, making them more susceptible to lose. Consequently, it is essential to understand the risks of investing in cryptocurrency. Fortunately, there are a few ways to protect your retirement plan and assets.

While the Department of Labor has issued warnings against investing in cryptocurrencies, many employers have begun to include them in their retirement plans. However, the DOL worries that this new trend is unsafe for retirement. They are concerned that cryptocurrency is an investment that can cause people to lose their retirement savings. For example, some newsletters offer exclusive offers and updates to retirement plan users.

While crypto is a volatile asset class, it is essential to remember that taking risks is necessary to grow your retirement savings. However, too much trouble could lead to a catastrophic loss, which is why you must balance the amount of risk you’re willing to take with your risk tolerance and time horizon. Small 401(k) providers have begun offering cryptocurrency investment options.


Asset allocation is one of the most critical issues to consider when planning retirement. GIAs are an excellent option for consolidating your assets while keeping a portion of your portfolio in lower-risk markets. In addition, GIAs can be a perfect option for those who want to take more risks while maintaining a balanced portfolio.

A GIA is a tax-free investment account with no upper limit. A GIA can be held for life, with no annual limits, and you can transfer it to another individual. However, you should be aware of tax rules, which differ from one jurisdiction to another and are subject to change.


When deciding whether to invest your pension fund in an ICO, you should understand the risks and benefits. While an ICO can have many tax advantages, it also carries a significant risk of fraud. Moreover, ensuring that an ICO has been registered with the SEC or has satisfied an exemption from registration is essential. Moreover, some unregistered ICOs may only be available to accredited investors with a net worth of $1 million or above and a certain annual income level.

Another difference between pension funds and ICOs is that pension funds have the advantage of being regulated by the SEC. While an ICO may not have an SEC license, it is still held by the CSSF. Investors may not be comfortable with the risks associated with it, so it is recommended to seek advice before making a decision.

ForUsAll’s lawsuit against Labor Department

ForUsAll’s lawsuit against the Labor Department was filed in the US District Court for the District of Columbia on March 6, 2018. This action challenges the DOL’s standing to regulate the internet advertising industry. The DOL asserts that the plaintiff failed to maintain an injury sufficient to establish character and a rationale for the lawsuit.

ForUsAll has six cryptocurrencies in its portfolio and plans to add five more in the coming weeks. This makes ForUsAll the first 401(k) administrator to offer crypto options to its participants. However, the Department of Labor has recently warned employers to take extreme care before exposing their employees to cryptocurrency and other digital assets.


There is no question that cryptocurrency investment is risky. But with fiduciary constraints in place, it is possible for scammers to exploit this in the process. Pension funds cannot, for example, invest in lottery tickets, where returns are unpredictable. But there are many crypto talents scattered worldwide, and there is no reason to believe that the talent in the cryptosphere is any different.