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Green United promotor asks to appeal SEC’s $18M crypto mining fraud case

October 28, 2024 by DIGIT

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. Go to Source

Categories appeals court, Court, crypto laws, Crypto Regulation, crypto securites, green united, SEC, securities law

Green United loses bid to dismiss $18M crypto mining fraud suit

September 24, 2024 by DIGIT

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

Categories court ruling, Green Blockchain, green united, Hardware, Kristoffer Krohn, motion to dismiss, Node, Wright Thurston

SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

May 23, 2023 by DIGIT

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. Go to Source Powered by WPeMatico

Categories Crypto Regulation, Gary Gensler, green united, Law, SEC, securities definition, United States

SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme

March 7, 2023 by DIGIT

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. Go to Source Powered by WPeMatico

Categories bitcoin miner, crypto mining, crypto securities, ERC-20, FUD, green token, green united, investment contract, scam, SEC, securities investment


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$119,062.00-0.41%
  • ethereumEthereum(ETH)$4,401.025.28%
  • rippleXRP(XRP)$3.18-0.50%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$809.871.95%
  • solanaSolana(SOL)$177.58-0.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$4,384.075.11%
  • dogecoinDogecoin(DOGE)$0.225352-0.37%
  • tronTRON(TRX)$0.3469541.94%
  • bitcoinBitcoin(BTC)$119,062.00-0.41%
  • ethereumEthereum(ETH)$4,401.025.28%
  • rippleXRP(XRP)$3.18-0.50%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$809.871.95%
  • solanaSolana(SOL)$177.58-0.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$4,384.075.11%
  • dogecoinDogecoin(DOGE)$0.225352-0.37%
  • tronTRON(TRX)$0.3469541.94%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$119,062.00-0.41%
  • ethereumEthereum(ETH)$4,401.025.28%
  • rippleXRP(XRP)$3.18-0.50%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$809.871.95%
  • solanaSolana(SOL)$177.58-0.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$4,384.075.11%
  • dogecoinDogecoin(DOGE)$0.225352-0.37%
  • tronTRON(TRX)$0.3469541.94%
  • bitcoinBitcoin(BTC)$119,062.00-0.41%
  • ethereumEthereum(ETH)$4,401.025.28%
  • rippleXRP(XRP)$3.18-0.50%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$809.871.95%
  • solanaSolana(SOL)$177.58-0.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$4,384.075.11%
  • dogecoinDogecoin(DOGE)$0.225352-0.37%
  • tronTRON(TRX)$0.3469541.94%