Bitcoin Slips $400 as CFTC Charges BitMEX Over Derivatives Violations
Bitcoin is tumbling lower after it was revealed that the U.S. Commodities and Futures Trading Commission (CFTC) is
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Charges
CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold
A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals. Source
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US Charges 3 With ‘Crypto-Jacking’ Scheme
U.S. prosecutors charged three Chinese nationals with allegedly mounting a global hacking campaign to steal sensitive corporate data from over 100 companies and installing a mass network of crypto-mining malware. According to an indictment dated May 2019 and unsealed Wednesday, Jiang Lizhi, Qian Chuan and Fu Qiang ran their multi-year front
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SEC Charges Rapper TI With Securites Violations for ICO
The U.S. Securities and Exchange Commission (SEC) charged two crypto startups and eight individuals including rapper Clifford Harris Jr., more commonly known as T.I., with violating the Securities Act of 1933 and other charges due to their involvement with a pair of initial coin offerings (ICOs). The SEC alleged Friday that
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Self-Help Firm That Mostly Took Bitcoin as Payment Mostly Just Helped Itself, SEC Charges
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Accomplice in Alleged $722M Bitcoin Ponzi Scheme Pleads Guilty to Charges
One of four men charged with defrauding investors of more than $722 million through a long-running cryptocurrency mining scheme has pleaded guilty to charges against him.The man, a 35-year-old Romanian programmer called Silviu Catalin Bacali, was arrested in Germany in December 2019. He was charged with one count of a
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Dead Men Face No Charges, June 6-12
Editor’s note: These are times strange enough that every conversation seems to include some verbal acknowledgment like “strange times, huh?” A quasi-anarchist police-free leftist separatist bubble has formed and is growing on Seattle’s Capitol Hill — a sentence that resembles a David Foster Wallace plot more than anything I ever anticipated
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Ethereum 2.0 Charges Ahead With New ‘Onyx’ Testnet Launch
Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain.According to a June 10 announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet — which represents an improvement over the previous Topaz testnet.The last step before launching mainnetPer the announcement, the Onyx
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CFTC Charges Multiple Firms for $15 Million Crypto and Binary Options Scam
The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first involving binary options, which was carried out between October 2013 and November 2016,
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US Charges Dutch National With Running Crypto-Funded Child Porn Site
U.S. prosecutors indicated a Dutch national Thursday for allegedly spearheading a rape and child pornography website that’s made over $1.6 million worth of bitcoin selling videos since 2012.Known as “Michael R.M.,” and “Mr. Dark,” the man allegedly ran a site called “DarkScandals” that operated on the darknet, which requires special
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