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INX Becomes the First SEC-Registered IPO to Accept Crypto

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15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its … Read more

South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud

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Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms Sanctioned by 2 US States The Texas State … Read more

South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations

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Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging MTI members that the organization is … Read more

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules

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A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to the ruling of a three-judge panel from the Fifth Circuit … Read more