crypto

According to reports, a group of 25 investors have filed a lawsuit against T.I. and a businessman for their involvement in an alleged fraudulent cryptocurrency scheme. Rapper T.I. and businessman Ryan Felton now face a lawsuit from a collective of 25 investors who said the duo peddled a virtual currency that wasRead More →

crypto

The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) will actRead More →

crypto

The U.S. Marshals agency has announced plans to auction $4.2 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years. The haul comes from cases against convicts like Thomas MarioRead More →

crypto

The Securities and Exchange Commission yesterday filed charges against an international securities dealer and its Austria-based CEO for allegedly violating the federal securities laws in connection with security-based swaps funded with bitcoins. U.S. authorities, including the FBI, have come down against securities dealer 1Broker for allegedly coming into conflict withRead More →