US

Class Action Lawsuit Brought Against Nano

A class action lawsuit was brought today on behalf of investors in Nano f/k/a RaiBlocks (XRB), alleging, according to the plaintiffs’ lawyers, that Nano and key members of its core

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Cryptocurrency, ICO, Litigation, Securities, US

U.S. Government to Include Digital Currency Addresses on List of Sanctioned Parties

What’s changed The U.S. Government is considering adding digital currency addresses affiliated with individuals and entities identified to the List of Specially Designated Nationals and Blocked Persons (“SDN List”).  This

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AML, Cryptocurrency, OFAC, US

U.S. SEC Brings Civil and Criminal Charges Against Founders of Centra Cryptocurrency Firm

The U.S. Securities and Exchange Commission announced today that it charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more

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Cryptocurrency, ICO, Litigation, SEC, Securities, US

Massachusetts Regulator Halts Five ICOs

The office of Massachusetts Secretary of State announced today that it had halted ICOs from five companies, claiming that the sale of digital tokens amounts to the unregistered offering of

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ICO, Litigation, Securities, US

Tennessee Recognizes Blockchain and Smart Contracts

Tennessee enacted a law yesterday that recognizes “the legal authority to use blockchain technology and smart contracts in conducting electronic

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Smart Contracts, US

U.S. Government May Include Digital Currency Addresses on List of Sanctioned Parties

OFAC, the Office of Foreign Assets Control, is the financial intelligence and enforcement agency of the U.S. Treasury Department that

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Cryptocurrency, OFAC, US

U.S. FTC Shuts Down Promoters of Deceptive Cryptocurrency Schemes

At the request of the Federal Trade Commission, a federal court has halted the activities of four individuals who allegedly

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Cryptocurrency, Litigation, US

SEC Says Cryptocurrency Platforms Must be Registered

There have been previous posts in this blog about statements by the U.S. SEC saying that most ICO’s would seem

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Cryptocurrency, Exchanges, SEC, US

Court Affirms CFTC Jurisdiction Over Cryptocurrency

As early as September 2015, the CFTC took the position that virtual currencies such as Bitcoin are commodities. See In re

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CFTC, Cryptocurrency, Litigation, US

Coinbase Hit With Two Class Action Lawsuits

When traders want to purchase crypto using traditional currency, or exchange one cryptocurrency for another, they do so via an

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Cryptocurrency, ICO, Litigation, US

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