Former SEC official, John Reed Stark, predicts a “big win” for the SEC in the ongoing lawsuit against Terraform Labs

John Reed Stark, currently serving as the president of cybersecurity firm John Reed Stark Consulting, is a highly respected figure in the field of securities law. Having founded and led the SEC Office of Internet Enforcement for 11 years, and…

NY AG files crypto fraud lawsuit against Gemini

New York Attorney General Letitia James has recently taken a lawsuit against cryptocurrency exchange Gemini Trust Co., alongside the insolvent crypto lender Genesis Global Capital and its parent company, Digital Currency Group. This move comes as part of a broader…

SEC Fines LA Company for $6 Million Over NFTs Sold as Unregistered Securities

A recent lawsuit against Los Angeles-based media company Impact Theory has reached a settlement with the Securities and Exchange Commission (SEC), involving the payment of a $6 million fine. The SEC fined LA-based Impact Theory after a settlement was reached…

Atomic Wallet Shocked After Receiving a $100 Million Lawsuit

Atomic Wallet is a budding crypto wallet that has a substantial number of users. After suffering a massive attack sometime in the middle of the year, it looks like they left their users. Thus, many of them are revolting. Apparently,…

A hidden cryptocurrency mining operation discovered inside Cohasset school

A former town employee from Cohasset, Massachusetts, named Nadeam Nahas, was scheduled to appear in court on Thursday as a suspect in an alleged cryptocurrency mining operation that was illicitly connected to the electrical system of Cohasset Middle High School.…

Grayscale Crypto Giant Files Lawsuit against SEC

Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…

SEC Overstock Review: SEC wants to know Everything About $250 Million tZero ICO

The U.S Securities and Exchange Commission (SEC) is conducting a review of companies that have turned to ICO to finance their blockchain projects. A recent filing released the details of the ongoing Overstoke.com $250 million ICO. The Company hopes to…

Securities and Exchange Commission Issues 80 Cryptocurrency Subpoenas, Including TechCrunch Fund

The U.S Securities and Exchange Commission has issued over 80 Cryptocurrency centered Subpoenas including TechCrunch founder Michael Arrington on his $100 million cryptocurrency fund according to CNBC. The agency has been increasing its crypto-related sweep as it hopes to ensure…

Suspected Crypto Ponzi Scheme Bitconnect, Faces Another Lawsuit

Author – Sam Reads, United Kingdom A new lawsuit filed against Suspected Crypto Ponzi Scheme Bitconnect with the US District Court of Northern California. UK-based Bitconnect faces a new lawsuit, which could be the sixth or higher suit filed against the…