51 Articles 0 Followers
15 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
Bancor’s legal team has asked for a court case filed in the U.S. Southern District of New York to be dismissed, saying that it would be more suitable for it to be held internationally. The filing was first reported by Law360. Court filings published...
12 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
Several investors in Andre Cronje’s Eminence.finance (EMN) project are raising funds to file a lawsuit against him, according to a blog post by said group. The group, which has posted on Medium under "Eminence Investigation", is raising funds to fil...
9 Oct 2020 1 minute read 22 comments Abhimanyu Krishnan
BitMEX CTO Samuel Reed has been released on a $5 million appearance bond, according to a court document published on October 10. Reed was arrested by the Department of Justice on October 1, with a court hearing taking place virtually Reed was relea...
9 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
BitMEX has announced that Arthur Hayes is no longer the CEO of the exchange, temporarily being replaced by 100x Group COO Vivien Khoo, according to a statement published on October 8. Arthur Hayes has been replaced by Viven Khoo, following the two c...
7 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
Ripple Executive Chairman Chris Larsen has offered a stern opinion of the regulatory environment in the United States, to the point where he said that it could push Ripple out of the country. Larsen made the comments during a virtual interview at the...
6 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
Spanish authorities have arrested entrepreneur and cryptocurrency proponent John McAfee, according to an announcement by the US Department of Justice (DoJ) on October 5. The DoJ levied charged of tax evasion against McAfee, while the US SEC separatel...
5 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan
Derivatives trading platform BitMEX is seeing an exodus of users following news of its legal cases on October 1, with over 45,000 Bitcoin being withdrawn from the exchange, according to data from Crystal Blockchain. Users have withdrawn over 45,000...
2 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
The United States Commodity Futures Trading Commission (CFTC) filed charges against derivatives platform BitMEX and its executive members on October 1. In a separate filing, the U.S. Attorney for the District of New York filed criminal action against...
1 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
On September 30, a U.S. district judge for the Southern District of New York ruled that messaging app KIK’s $100 million token sale held in 2017 violated securities law. The judge said that the KIK token met all of the criteria of the Howey test, wh...
15 Sep 2020 1 minute read 7 comments Abhimanyu Krishnan
Japanese cryptocurrency exchange Fisco has accused Binance of aiding the laundering of $9 million from a 6,000 BTC hack that occurred in September 2018, according to court documents filed in the Northern California District Court on September 14. In...
