The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry newsRead More…
Chinese cryptocurrency mining giant Bitmain is revisiting plans for an initial public offering (IPO,) Bloomberg reported on June 21. The company had filed to list an IPO on the Hong Kong Stock Exchange, but theRead More…
The “crypto” startup Longfin Corp. got spanked by both the SEC and the DOJ for fraud amid a broader regulatory crackdown on bitcoin, the most popular cryptocurrency. Specifically, Longfin’s CEO, Venkata Meenavalli,Read More…
When Kik’s board of directors decided to support the company’s pivot to crypto, one of the board members described it as a “hail Mary pass.” It was early 2017 and the CanadianRead More…
It is easy to think of the most prominent blockchain advocates as a united front, whose ranks are tightly closed in the face of the common enemy — a horde of fierceRead More…
Canada-based messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. Securities and Exchange Commission (SEC) over its 2017 initial coin offering (ICO).Read More…
On Thursday, the U.S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in theRead More…
SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges asRead More…
The U.S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors wereRead More…
There’s a party happening right now and everyone’s invited. The music’s playing, the fridge is loaded and the bathtub’s full of ice. All the ingredients for the sickest soiree are in place.Read More…