US SEC Files Charges Against Bitcoin-Backed Securities Dealer
The U.S. SEC has filed charges against securities dealer 1pool Ltd. for violating federal securities laws by offering Bitcoin-backed security swaps Go to Source Powered by WPeMatico
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US Judge Rules to Bring Alleged Cryptocurrency Scam Under CFTC Oversight
A U.S. federal district judge has ruled that an allegedly fraudulent crypto token meets the definition of a commodity, bringing the case under the CFTC’s regulatory authority Go to Source Powered by WPeMatico
Blockchain Browser Brave Files Adtech Complaints Against Google for User Data Practices
Privacy-oriented Brave browser has filed complaints in two countries against Google for violating personal data processing regulations Go to Source Powered by WPeMatico
India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case
BJP official Nalin Kotadiya has been remanded in custody in connection with a 200 BTC extortion case Go to Source Powered by WPeMatico
Ripple Labs and R3 Consortium Reach Settlement in XRP Token Litigation
Ripple Labs and R3 have reached a confidential settlement in a case regarding an alleged XRP token purchase agreement violation Go to Source Powered by WPeMatico
New York District Judge Rules That CFTC Can Permanently Ban Crypto Firm
The CFTC has won a court order to permanently ban New York-based firm CabbageTech Corp. for “fraud and misappropriation in connection with purchases and trading of BTC and LTC.” Go to Source Powered by WPeMatico
US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency
A US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance … Read more
Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based … Read more
SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token
The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which … Read more
US Federal Court Denies Motion to Remand Against Ripple
A U.S. federal court has ruled to dismiss a motion to remand filed against Ripple in May Go to Source Powered by WPeMatico
