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Crypto News From the German-Speaking World: Week in Review
25.8.2019
This week’s top news from the German-speaking world, assisted by Cointelegraph auf Deutsch
US FTC Settles With Alleged Crypto Pyramid Scheme for $500,000
24.8.2019
The U.S. FTC settles with alleged crypto pyramid schemes Bitcoin Funding Team and My7Network for a total of over $500,000
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
Bitpoint Taiwan Sues Parent Exchange for Overbilling After July Hack
22.8.2019
Taiwan subsidiary of hacked exchange Bitpoint files a $9.4 million damages suit alleging overbilling by parent exchange
US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
21.8.2019
The U.S. Treasury has blacklisted three Chinese citizens and their cryptocurrency addresses
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
Bitfinex and Tether Respond to New York Judge, Will Pursue Appeals
20.8.2019
Bitfinex and Tether respond to judge’s ruling that the New York Attorney General has jurisdiction in the ongoing case against them
SEC’s Top Crypto Cop Joins Coinbase’s Law Firm
20.8.2019
Robert A. Cohen will join corporate law firm Davis Polk & Wardwell as partner after 15 years with the Securities and Exchange Commission
Supreme Court has Ordered Bitfinex to Provide Documents Demanded by NYAG
20.8.2019
The supreme court of the state of New York has decided that the office of Attorney General of New York (NYAG) has authority over Bitfinex the cryptocurrency exchange. As per the court filing, the decision has let NYAG continue the investigation and demand the documents as and when the...
Judge Rejects Multimillion Dollar Asset Plea in Vanbex Crypto Fraud Case
20.8.2019
A Supreme Court judge in Canada has upheld the seizure of assets in a crypto fraud case
US Financial Regulators Reach $7M Settlement Over PlexCorps ICO
15.8.2019
The U.S. SEC has reached a $7 million settlement agreement with the issuers behind an allegedly fraudulent ICO
Bitmessage Developer: Craig Wright Faked Documents on Bitcoin Creation
14.8.2019
Bitmessage developer Jonathan Warren claimed that some of Craig Wrights documents in the Kleiman case were forged or faked
Maryland State Government Participating in Operation Cryptosweep
14.8.2019
Maryland Attorney General Brian Frosh has announced that his Securities Division is participating in Operation Cryptosweep
New England Firm Settles with SEC Over Allegedly Unregistered $6.3M ICO
14.8.2019
SimplyVital Health Inc. has settled charges with the U.S. SEC for conducting an unregistered ICO that raised $6.3 million
Disgruntled Investor Appeals to U.S. SEC Guidelines in Class Action Suit Against Ripple
13.8.2019
A class action suit has appealed to SEC guidelines to make its case that Ripple sold XRP as an unregistered security
US Court Temporarily Freezes $8M in Response to SEC Request Yesterday
13.8.2019
U.S. district court has approved of the temporary freeze on $8 million of a New York citizen and two of his entities’ related assets following the U.S. SEC
Congressional Research Service Examines Blockchain in Energy Sector
13.8.2019
The Congressional Research Service has researched and noted pros and cons of blockchain solutions for the energy sector
SEC Requests Freeze on Assets in Connection With Alleged $15M ICO Fraud
13.8.2019
The SEC is prosecuting a New York businessman in connection with ICO fraud and is seeking immediate relief
New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto
12.8.2019
New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly
New Jersey Governor Signs Bill to Establish Blockchain Task Force
10.8.2019
The governor of New Jersey has signed a bill into law establishing a governmental blockchain research group to examine possible benefits for the state