legal

Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation

Jed McCaleb, the founder of Mt. Gox, faces a lawsuit over his handling of the now-defunct bitcoin exchange. The two…

Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto

The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the…

Regulators Begin To Debate Cryptocurrency Legislation Ahead of G20 Summit

Cryptocurrency regulation will take a step forward during the upcoming V20 Summit where country representatives will assess the new course of…

Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto

The head of the U.S. House of Representatives Financial Services Committee wants Facebook to stop developing its new Libra cryptocurrency…

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

THE TAKEAWAY: FINRA has sat for months on roughly 40 broker-dealer applications from companies dealing in crypto assets, denying them a broker-dealer…

Kik vs SEC: The Lawyers Speak

The SEC has filed a complaint against Kik, claiming the company's initial coin offering was a breach of federal securities…

US State of Nevada Passes Flurry of Blockchain Bills

Nevada passed regulatory sandbox legislation aimed at continuing blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the…

Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office (ATO) may soon crack down on major tax avoidance schemes using cryptocurrencies. According to a report…

Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

The U.S. Securities and Exchange Commission (SEC) filed new charges against fintech company Longfin Corp. and its CEO, Venkata Meenavalli,…

The SEC Case Against Kik’s ICO Appears Strong, Experts Say

The U.S. Securities and Exchange Commission has sued messenger app maker Kik for its $100 million ICO – which the agency…

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