2023-9-5 08:38 |
A U.S. federal court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws.
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Telegram has asked a court to clarify if it can still issue its tokens to non-U.S. investors after a preliminary injunction blocked the issuance in the U.S.
2020-3-31 15:42 | |
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The New York court reviewing Telegram’s contested coin offering in the U. S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens.
2019-10-22 20:30 | |
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According to news published by Fortune, September 20, Ripple, the company behind the cryptocurrency XRP asked a federal court to dismiss the class action that would claim XRP as security. Security or not Security? As informed by BTCManager in August 2019, a group of investors filed a complaint against Ripple with the Securities and ExchangeRead MoreRead More.
2019-9-20 17:00 | |
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Ripple Labs, the company behind the Ripple (XRP) cryptocurrency, has formally requested a US federal court dismiss a class action lawsuit that alleges it illegally sold unregistered securities, Fortune reports.
2019-9-20 15:09 | |
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Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors.
2019-9-22 13:58 | |
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The crypto behemoth Ripple asks the court to dismiss the legal complaint that states XRP is a security sold to unaware investors illegally
2019-9-20 11:43 | |
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Craig Wright, the man who claims to be the original creator of Bitcoin, is using an unfavorable court ruling to play mind games with bitcoin investors. The Australian computer scientist has to pay $5 billion in bitcoins to Ira Kleiman who earlier accused Wright of stealing the cryptocurrencies from his deceased brother, Dave Kleiman.
2019-8-28 16:00 | |
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Earlier this year BitcoinExchangeGuide had reported a story about Lisa Angela Cheng and Kevin Patrick Hobbs having been accused of conducting a fraudulent Initial Coin Offering (ICO) based on deceit and false statements.
2019-8-20 19:00 | |
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Cryptocurrency investors may proceed with a class action lawsuit against Chase Bank, after a New York federal judge decided against the bank’s motion for dismissal. Originally filed in April 2018, the plaintiffs accuse the bank of charging undisclosed fees by categorizing their crypto purchases as cash advances, which are far more expensive than standard credit […] The post Customers Can Sue Chase For Hidden Crypto Fees, Court Rules appeared first on Crypto Briefing.
2019-8-3 22:24 | |
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In a development in Texas, the federal court has fined two convicts a total of $360,000 USD in respect to solicitation of funds from the public over a fraudulent scheme. The amount raised from the public investors since January 2017 is yet to be revealed.
2019-7-12 00:50 | |
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A Texas federal court has granted a motion for a default judgement against two individuals who solicited money by fraudulently representing the US Commodity Futures Trading Commission (CTFC) in a bid to extract Bitcoin from investors.
2019-7-11 11:49 | |
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Some investors put crypto in a trust that holds crypto assets. What are the specifics? A Tax lawyer comments
2019-7-6 14:21 | |
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Less than a year ago, Homero Joshua Garza was sentenced to 21 months imprisonment, followed by three years of supervised release. He was also ordered to pay restitution of over $9 million by the U.
2019-6-26 01:30 | |
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Patrick McDonnell, a New York resident who goes by the nickname of “the Coyote of Wall Street” recently pleaded guilty to a cryptocurrency related wire fraud in federal court in Brooklyn. This, according to a report by Bloomberg, June 22, 2019.
2019-6-24 19:00 | |
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US CFTC Launches Action Against Bitcoin Fraudsters A few days ago, the regulatory agency of the United States filed a complaint with the New York Southern District Court against Control-Finance Ld. Apparently, the firm defrauded over 1,000 investors so as to launder over 22,858 Bitcoin.
2019-6-18 20:52 | |
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By CCN: Konstantin Ignatov, the CEO of the multi-billion-dollar “crypto” Ponzi scheme OneCoin, has pleaded not guilty to wire fraud. According to court documents, Ignatov entered the plea during a May 28 preliminary hearing via conference call.
2019-6-8 01:20 | |
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By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors.
2019-6-6 22:30 | |
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In a turn everyone should’ve seen coming, the US Securities and Exchange Commission (SEC) is suing messaging app Kik for its initial coin offering (ICO). In court documents released yesterday, the SEC outlined that Kik’s sale of one trillion “Kin” tokens was not registered with the SEC.
2019-6-5 11:26 | |
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For the umpteenth weekend in a row, the cryptocurrency market has rallied. On Sunday morning, Bitcoin (BTC) shot up by some 3%, with the asset breaking past a short-term resistance level. Despite this occurrence, which most analysts see as a signal that the ball is clearly in the bulls’ court, there have been some that.
2019-6-2 21:00 | |
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Kin Foundation, one of the main powerhouses behind the development of Kin ecosystem, started an initiative against the United States Securities and Exchanges Commission, a ‘Defend Crypto’ campaign with a $5 million fund alongside Coinbase.
2019-5-29 20:30 | |
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Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive.
2019-5-24 15:34 | |
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Explaining that their businesses have nothing to do with New York investors and that the New York attorney general has yet to identify any victim, Bitfinex and Tether asked that New York Supreme Court Judge Joel M.
2019-5-22 18:16 | |
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By CCN: The U. S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors were fleeced into handing over funds to Florida-based Argyle Coin LLC.
2019-5-22 22:30 | |
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Tether has been the center of rumors and speculation for a long time; however, the rumors and speculations reached a peak when NYAG, Letitia James, filed a lawsuit against Bitfinex and Tether for defrauding investors by covering up losses.
2019-5-21 20:53 | |
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In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that the plaintiffs’ decisions were notRead MoreRead More.
2019-5-16 15:00 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. “Institutional investors are overwhelmingly favorable about the appealing characteristics of digital assets,” Fidelity Investments described.
2019-5-3 16:05 | |
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The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether. As court documents dated April 24 state, neither Bitfinex nor Tether are licensed to operate in the state of New York, and yet the Office of the Attorney General (OAG) believes New York-based investors did use the exchange to trade Tether.
2019-4-26 12:29 | |
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By CCN. com: The courtroom battle between the Indian cryptocurrency exchanges and the Reserve Bank of India (RBI) has reached its ninth month but remains far from conclusion. On March 29, the Supreme Court of India moved the hearing to a new date in July.
2019-4-4 11:21 | |
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The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.
2019-4-4 22:02 | |
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The operator of New York-based company CabaggeTech has been accused of defrauding investors out of more than $200,000 in cash and cryptocurrency, according to a nine-count indictment unsealed in federal court in New York, on Tuesday.
2019-3-27 14:40 | |
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The Swiss Financial Market Supervisory Authority (FINMA) said on March 27, 2019, that Envion AG’s ICO failed to follow the law when it took money from investors during its fundraising. A court in Zug has also opened bankruptcy proceedings against the company over organizational shortcomings.
2019-3-27 06:00 | |
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In Australia, a suite of high-profile cryptocurrency investors (which could include accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14.
2019-3-19 13:52 | |
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In Australia, a suite of high-profile cryptocurrency investors (including accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14.
2019-3-19 13:52 | |
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Bitcoin prices up 1. 4 percent from last week’s close Mt Gox founder serving 2. 5 years suspended sentence Participation picks up, BTC could print higher in days ahead. Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient.
2019-3-15 20:09 | |
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Ride-sharing leader Uber is about to steal the thunder of its nearest competitor. Reuters reports that Uber is set to file its S-1 document with the SEC in April followed by a road-show to court big investors, which will set in motion plans to debut in the public market.
2019-3-15 19:07 | |
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Moshe Hogeg, the CEO of cryptocurrency smartphone startup Sirin Labs, has been ordered to settle his $4 million lawsuit with a Chinese investor in the next 30 days, reports local media outlet Globes on March 14, 2019.
2019-3-15 16:00 | |
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Jennifer Robertson, the widow of Gerald Cotten, the CEO of Canada’s biggest crypto exchange QuadrigaCX, has requested for reimbursement of $225,000 in court fees. Robertson, who initially filed an affidavit with the Supreme Court of Nova Scotia to reveal the death of CEO Gerald Cotten and the loss of over $150 million in crypto and cash by QuadrigaCX, reportedly claimed she had spent $225,000 to secure QuadrigaCX protection from creditors.
2019-3-6 19:41 | |
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A judge from a Canadian Supreme Court extends the term for the QuadrigaCX team to find the missing $140 mln belonging to investors
2019-3-27 17:42 | |
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As per the request of the Reserve Bank of India, the country’s central banking institution, local banks have been disallowed from dealing with crypto businesses such as Bitcoin exchanges since 2018.
2019-3-4 14:18 | |
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Illinois Northern District Court denied ex-Mt. Gox CEO Karpeles’ motion to stay a U.S. case by former investors
2019-3-2 19:14 | |
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The former CEO of collapsed bitcoin exchange Mt. Gox has been refused a motion to stay a U.S. court case brought by former investors.
2019-3-1 15:00 | |
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The creators of Elastos (ELA) and the cryptocurrency exchange Huobi may be in legal hot water, after Elastos ICO investors accused them of hosting an unauthorized securities sale. The investors have asked the New York Supreme Court to summon the the Elastos Foundation and team members, as well as Huobi and its US partner, HBUS, to answer […] The post Investors File Lawsuit Against Elastos And Huobi appeared first on Crypto Briefing.
2019-2-12 19:47 | |
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The U.S. Securities and Exchange Commission (SEC) announced on January 28 that Woodbridge Group of Companies LLC has to pay $1 billion in penalties and disgorgements. The decision was taken by a federal court in Florida after considering the company operated a Ponzi scheme aimed at retail investors. Court orders $1 billion judgment against operators […]
2019-1-29 17:53 | |
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BitGrail, NANO, Raiblocks (XRB)–In another twist on the now lengthy scandal involving the hacked cryptocurrency exchange BitGrail, Francesco Firano, the platform’s owner, has been sentenced by court of law to return investor funds–at least to the degree that he is able.
2019-1-29 04:54 | |
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Nicolas Truglia has earned his place in the news lately for his theft of $1 million in digital assets, leading to an arrest. Newly released court documents show that one of his victims, Michael Terpin, is coming to get what is rightfully his, suing Truglia for $81 million. Terpin was one of the earliest investors […]
2019-1-18 19:11 | |
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Silver Miller, a United States-based securities law firm committed to investment fraud and consumer class action cases, has joined forces with Levi Korsinsky to file a class action lawsuit against Nano (NANO) and the controversial BitGrail cryptocurrency exchange for allegedly defrauding investors according to a press release on January 7, 2018.
2019-1-9 17:00 | |
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Nano’s days in court pile up as more former investors seek justice.
2019-1-9 01:44 | |
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Silver Miller, a US-based cryptocurrency Investor law firm has filed a lawsuit against Jeremy Spence for allegedly organizing a Ponzi scheme disguised as an investment hedge fund claiming to be managing $5 million worth of investors assets, reports Finance Magnates on December 27, 2018.
2018-12-28 03:00 | |
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