Longfin Ordered to Repay $223M to Investors
Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors. Go to Source Powered by WPeMatico
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Fan Token Platform Socios Secures Key Regulatory License
Sports token-focused platform Socios prepares to issue a payments and loyalty card with a new license from Estonian Financial Intelligence Unit. Go to Source Powered by WPeMatico
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity. Go to Source Powered by WPeMatico
Three Individuals Behind Alleged PlexCoin ICO Scam Charged with Fraud
A new indictment came down in the case involving three Canadians behind the alleged PlexCoin ICO scam which raised $8M in 2017. Go to Source Powered by WPeMatico
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold. Go to Source Powered by WPeMatico
$500K Bitcoin Paid to Arrange Ex-Nissan CEO’s Escape From Japan
The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin. Go to Source Powered by WPeMatico
John McAfee: ‘Intel is Suing Me Over My Own Name’
The creator of the software company behind anti-virus program McAfee alleges Intel is suing him over the use of his own name. Go to Source Powered by WPeMatico
T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto. Go to Source Powered by WPeMatico
US Banking Regulator Green Lights Crypto Custody at Federally Chartered Banks
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets Go to Source Powered by WPeMatico
Cryptocurrencies Could Undermine Obsolete Laws, Says Cybersecurity Expert
According to Pavol Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.” Go to Source Powered by WPeMatico
