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OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours
2.10.2020
Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform....
3 reasons why the CFTC action against BitMEX will not crash Bitcoin price
1.10.2020
Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term
ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO
1.10.2020
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this....
Bitcoin rises against USD after Mnuchin promises second stimulus check
1.10.2020
$1,200 checks for Americans will definitely feature in any deal, says Steven Mnuchin, as DXY weakness opens up opportunities for Bitcoin gains
Kik Loses Against SEC As Judge 'Shreds' ICOs - Expect More Cases
1.10.2020
The "predictable" court ruling against Canadian social media startup Kik Interactive might provide a glimpse into what is waiting for some of the initial coin offerings (ICOs).
Yesterday, US District Court Judge Alvin Hellerstein ruled in favor of the US Securities and Exchange...
Crypto prediction markets turn against Trump after first debate
1.10.2020
Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates
Maduro claims crypto will play role in fighting sanctions against Venezuela
30.9.2020
Crypto garnered another mention in one of Maduro's bombastic speeches
SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges
29.9.2020
Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter
Investor losses legal battle against Bithumb for 2017 data breach incident
28.9.2020
The user claimed to have lost a massive amount of money due to Bithumb’s negligence
The CFTC Files Complaint Against Crypto Trading Company
26.9.2020
The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report, the CFTC wants a U.S. court to stop...
Most Americans are against a digital dollar CBDC, survey reveals
25.9.2020
U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system
Smart Advertising Token SaTT Reveals ProBit as Next Exchange Listing
23.9.2020
Singapore, September 23, 2020 – Against the predominantly dim and drab ICO backdrop, smart advertising token SaTT ICO has continued to defy expectations. Alongside its remarkable ICO fundraising, the project is proud to announce yet another exchange listing, this time with the popular global...
SEC v. Telegram: Part 2 — The case against integrating the two prongs of a SAFT
22.9.2020
Addressing the legitimacy of collapsing the sale of contractual rights with the eventual release of crypto assets
Brazen Nigerian Crypto Scam Inksnation Still Operational Three Months After Regulator Warning
20.9.2020
One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. The SEC has previously warned Nigerians against investing with the scam...
US ramps up enforcement actions against global crypto scams
17.9.2020
The U.S. Justice Department has announced sanctions against two Russians, and the arrest of two Malaysians, over separate seven-figure crypto scams
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions
16.9.2020
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start...
Investors Make ‘Dutch Auction’ Complaint against Crypto Exchange Upbit
14.9.2020
Investors have made an official complaint to a South Korean financial regulator about crypto exchange Upbit’s so-called “Dutch auction” listing strategy, claiming that recent listings amount to “back-door” initial coin offerings (ICOs).
Per media outlet Paxnet, a group of crypto investors...
Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year’s End
14.9.2020
The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
11.9.2020
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...