CZ Slams IPOs at BlockDown 2020 Conference
CZ argued that blockchain tech has allowed individuals to raise capital in a global and decentralized fashion for the first time in history Go to Source Powered by WPeMatico
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Florida Man Charged Over $1.6M ‘Compcoin’ Scam
After promising investors exorbitant returns through ‘proprietary trading algorithms’, the defendant left customers holding worthless ‘Compcoins.’ Go to Source Powered by WPeMatico
Lead Plaintiff Settles Class Action Targeting $20 Mln ICO for $250,000
A motion to settle the case against ATB for 1.5% of its estimated fundraising was filed by lead plaintiff Raymond Balerta Go to Source Powered by WPeMatico
Gibraltar to Crack Down on Market Manipulation in DLT Sector
Gibraltar is will soon update its blockchain regulations to crack down on market manipulation and respond to FATF recommendations Go to Source Powered by WPeMatico
Blockchain Non-Profit Trips Mailchimp and Youtube’s Anti-ICO Clause
Mailchimp’s anti-ICO policy from 2018 targeted a registered blockchain non-profit Go to Source Powered by WPeMatico
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited handsomely” … Read more
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered … Read more
Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns
Prosecutors are concerned that defendants may access materials through civil discovery that are not allowed in criminal proceedings Go to Source Powered by WPeMatico
New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either
The judge’s ruling may do little to prevent the launch of Telegram’s Open Network, with the TON community preparing to launch regardless of the court’s position Go to Source Powered by WPeMatico
April Fools Sees Toilet Paper Token in Short Supply on CoinMarketCap
Toilet Paper Token (TPT) leads CoinMarketCap charts at a price of $1.64, up over 1,000% on the past 24 hours Go to Source Powered by WPeMatico
