A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
The co-founder of Centra Tech, a digital currency scam that raised $32 million in its ICO after celebrity endorsements, has agreed to plead guilty to fraud.
The SEC has obtained an asset freeze order against three individuals whom it alleges operated a digital currency scam that made away with over $12 million.
BitClave has settled with the SEC in a case that alleged the company had violated securities laws. It will pay back $25.5M to its 9,500 investors and close shop.
A U.S court has sided with the SEC in its quest to freeze assets belonging to Meta 1 Coin, a scam ICO run by former Washington state senator Dave Schmidt.
After months of court battles with the SEC over its TON project, Telegram has withdrawn its appeal against the regulator in what could be the project’s death.
A New Jersey judge has dismissed a lawsuit against Riot Blockchain. The plaintiffs had accused the company of making misleading statements on its investments.
The messaging platform relents to continued pressure by U.S. financial regulators as its battle wages on.
The social media platform and the financial regulator continue to spar over whether or not Kik’s Kin offering was illegal.
A judge determines that the amount of fraud and lies perpetrated by the blockchain-based asset manager are overwhelmingly impactful.
The judge handling the dispute between the SEC and Telegram confirms the company has to halt all Gram sales to everyone.