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green united – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 28 Oct 2024 06:05:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png green united – DIGIT INFO https://www.digit.info 32 32 Green United promotor asks to appeal SEC’s $18M crypto mining fraud case https://www.digit.info/green-united-promotor-asks-to-appeal-secs-18m-crypto-mining-fraud-case/ Mon, 28 Oct 2024 06:05:06 +0000 https://www.digit.info/green-united-promotor-asks-to-appeal-secs-18m-crypto-mining-fraud-case/

Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right.

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Green United loses bid to dismiss $18M crypto mining fraud suit https://www.digit.info/green-united-loses-bid-to-dismiss-18m-crypto-mining-fraud-suit/ Tue, 24 Sep 2024 02:37:57 +0000 https://www.digit.info/green-united-loses-bid-to-dismiss-18m-crypto-mining-fraud-suit/

The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist. 

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SEC has no authority over crypto, argues defendants in $18M fraud lawsuit https://www.digit.info/sec-has-no-authority-over-crypto-argues-defendants-in-18m-fraud-lawsuit/ Tue, 23 May 2023 05:44:44 +0000 https://www.digit.info/2023/05/23/sec-has-no-authority-over-crypto-argues-defendants-in-18m-fraud-lawsuit/

Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto.

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SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme https://www.digit.info/sec-accuses-utah-firm-of-fraudulent-18m-crypto-mining-scheme/ Tue, 07 Mar 2023 01:12:26 +0000 https://www.digit.info/2023/03/07/sec-accuses-utah-firm-of-fraudulent-18m-crypto-mining-scheme/

The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit.

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