Business

New York regulator names former IRS chief as new legal counsel
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30 April, 2020

New York regulator names former IRS chief as new legal counsel

The New York financial services regulator has hired Richard Weber, a former IRS chief who led investigations into Silk Road...
Digital currency management firm Iterative Capital accused of fraud
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29 April, 2020

Digital currency management firm Iterative Capital accused of fraud

The company faces a lawsuit for misappropriating investment funds for personal expenses.
Purse.io goes from shutting down to getting acquired
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29 April, 2020

Purse.io goes from shutting down to getting acquired

Since announcing its intentions to shut down, the overwhelming community response has drawn Purse to “reconsider its decision.”
China’s central bank expands fintech regulation to 6 more cities
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29 April, 2020

China’s central bank expands fintech regulation to 6 more cities

The PBoC has expanded its fintech regulation, which was previously only in Beijing, to six more cities as China seeks...
Why it’s no longer possible to hide behind digital currency curtains
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29 April, 2020

Why it’s no longer possible to hide behind digital currency curtains

Police in South Korea have been able to identify more than 40 people involved in a child porn ring through...
Scam ICO investors oppose Kevin Hart’s bid for case dismissal
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28 April, 2020

Scam ICO investors oppose Kevin Hart’s bid for case dismissal

Investors in FLiK ICO, a project that ended up being a pump-and-dump scheme, have opposed a bid by actor and...
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