crypto

The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam. The news was announced Wednesday by the U.S. Attorney’s Office of the Northern District of Texas, which states that 30 year old Jared Rice Sr. tricked hundreds of investors out of overRead More →

cryptocurrency

The United States government has spent USD 5.7 million with blockchain analytics firms so far in 2018 and this spending is accelerating, according to a report by digital currency publication Diar. Blockchain analytics firms are paid to conduct blockchain espionage, for criminal prosecution, taxes, and to ensure cryptocurrency regulations are beingRead More →

crypto

A federal judge has now ruled that U.S. securities laws may cover an initial coin offering, handing the government a legal win in its effort to regulate billions of dollars in cybercurrency offerings much like stocks. The ruling came in a criminal case against a man charged with promoting virtualRead More →

crypto

The United States Securities and Exchange Commission (SEC) announced on 2 July 2018 that it has collected a USD 1.6 million fine from two individuals who were illegally selling UBI Blockchain Internet Ltd stocks. This is the result of a coordinated investigation by the Microcap Fraud Task Force as well asRead More →