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Crowdfunder Sued for Misappropriating Funds over $800,000 to Buy Bitcoin

The U.S. Federal Trade Commission (FTC) recently filed a lawsuit against a crowdfunder who diverted customers’ funds to purchase bitcoin. According to The Next Web, the entrepreneur raised funds over $800,000 to buy iBackPacks but instead diverted the funds to personal use such as buying crypto and paying off credit cards debts. iBackPack

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Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25.The investor, Zhewen Hu, is suing Stox and its founder for $4.6 million, according to the report. Hu allegedly invested a total of

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Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation

Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6. UnitedCorp alleges that the defendants planned a scheme to take control of the Bitcoin Cash (BCH) network.Founded in 1992, UnitedCorp is a

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Rapper T.I., Charlie Shrem Sued Over Alleged Pump-and-Dump, BTC Theft Respectively

 Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekUS Rapper T.I. Sued for

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Bitcoin-funded Securities Dealer 1Broker Gets Sued by the SEC and CFTC

1pool Ltd. a/k/a 1Broker and its CEO Patrick Brunner are now facing severe charges by the U.S. Securities and Exchange Commission (SEC). The Marshall Islands-registered company is charged for allegedly violating federal laws pertaining to the Bitcoin-funded security-based swaps.1Broker.com allowed investors to participate in the real-world market with investment instruments like a commodity, stock,

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