SEC Asks Court to Order Telegram to Pay $1.2B Back for $1.7B ICO
Despite the original TON project being officially terminated, the U.S. SEC asks Telegram to return $1.2 billion. Go to Source Powered by WPeMatico
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Judge Certifies Investor Class in $70m Pot ICO Lawsuit
Paragon Coin will face federal claims from a class-action lawsuit alleging that the firm’s $70 million ICO from 2017 violated securities laws. Go to Source Powered by WPeMatico
SEC Suit Over $30m Crypto Scam Halted Due to Criminal Proceedings
An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings. Go to Source Powered by WPeMatico
Judge Accepts Craig Wright’s Autism Defense, Says No to Sanctions
A judge ruled against the Kleiman legal team’s motion to impose sanctions on Craig Wright and the case has been cleared to go to trial. Go to Source Powered by WPeMatico
SEC Halts Crypto Scam, Alleging Two Brothers Stole Millions From Investors
The U.S. SEC freezes assets of several alleged crypto scams run by Hvizdzaks brothers. Go to Source Powered by WPeMatico
UAE Resident Who Took Out $100K Crypto Loan Saved by Ex-Coworkers
A foreign resident of Abu Dhabi who was potentially facing jail time over an unpaid $100,000 loan received $27,400 in donations after his story spread. Go to Source Powered by WPeMatico
Donald Trump Told Treasury Secretary to ‘Go After Bitcoin’
According to John Bolton’s new book ‘The Room Where It Happened’, Trump was against Bitcoin long before his July 2019 Twitter tirade. Go to Source Powered by WPeMatico
After Raising $20m in 2017, ATBCoin Claims It Can’t Afford A $250,000 Settlemen
ATBCoin has claimed that it is unable to pay a $250,000 settlement to a lawsuit over its $20 million ICO, prompting calls from the plaintiffs for the court to enforce the agreement. Go to Source Powered by WPeMatico
South Korean Experts Say Crypto is a Poor Safe-Haven Asset
A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession. Go to Source Powered by WPeMatico
Law Decoded: Dead Men Face No Charges, June 6-12
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Go to Source Powered by WPeMatico