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Infamous Crypto SIM Swapping Con-Man Sued by One of Victims, Following Arrest of the Bitcoin Bandit
Nicolas Truglia has earned his place in the news lately for his theft of $1 million in digital assets, leading to an arrest. Newly released court documents show that one of his victims, Michael Terpin, is coming to get what is rightfully his, suing Truglia for $81 million. Terpin was one of the earliest investors […] дальше »
2019-1-18 19:11 | |
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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
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Cryptocurrency Conferences Continue to Thrive Despite Industry Downturn
Over the last year, cryptocurrency prices have dropped significantly and mainstream attention has been waning in recent months. However, according to recent data, the digital currency and blockchain conference circuit did not see a steady decline during the last six months of 2018. дальше »
2019-1-14 03:00 | |
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Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies
The U. S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. дальше »
2019-1-7 04:22 | |
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Bithumb Wins Hack Case Court Battle; Judge Rules Crypto Exchanges are “Not Financial Institutions”
South Korea-based cryptocurrency exchange Bithumb has been acquitted of a lawsuit filed by an investor named Ahn Park. Park accused the trading platform of lax security measures which allowed hackers to steal his crypto holdings worth $355,000, reports Finance Magnets, December 26, 2018. дальше »
2018-12-30 07:00 | |
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Canadian Court Decides Unintentionally Sent Ethereum Should Be Returned to Owner
A recent case that took place in British Columbia gives hope to those who have accidentally sent digital assets to the wrong person in the past. In particular, this case involved the displacement of Ethereum tokens belonging to a blockchain startup dubbed, “Copytrack,” into the account of Brian Wall. According to news outlet, The Breaking […] дальше »
2018-12-13 08:13 | |
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Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.
Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U. S. at the forefront of innovation within the digital asset industry. дальше »
2018-12-8 10:12 | |
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‘Crypto Crisis’ Mining Simulator Lets Players Relive the Last 10 Years of Bitcoin
In October, an early access game called Crypto Crisis was released on the digital distribution platform Steam. The recently launched title rewinds time to the year 2009 and lets players mine coins on a simulation of the Bitcoin network by utilizing historical data from the last decade. дальше »
2018-12-8 04:30 | |
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Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double
Venezuela’s President Nicolas Maduro has announced that the price of the petro, his country’s national “cryptocurrency,” has been increased from 3,600 sovereign bolivars to 9,000. дальше »
2018-12-3 06:55 | |
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Thai SEC Explains Two Laws Could Apply to Crypto Securities
Thailand’s Securities and Exchange Commission (SEC) has reportedly clarified how existing laws can apply to crypto securities. In addition, Thai companies planning to issue securities tokens abroad would be guilty of wrongdoing under the Digital Asset Act for avoiding regulated fundraising channels. дальше »
2018-12-1 07:50 | |
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“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation
On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. дальше »
2018-12-1 22:36 | |
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U.S. District Judge Turns Back SEC Request Regarding ICO
A new development has arisen in the U. S. Securities and Exchange Commission’s (SEC) efforts to regulate ICOs: a District Judge has turned back a request for an injunction. дальше »
2018-11-30 23:08 | |
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Russian Miners Sell Their Equipment Amid Market Plunge
A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. дальше »
2018-11-27 14:20 | |
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India to spell out draft cryptocurrency regulations in December
Quartz reports that the Indian government is set to lay out a draft of its regulations for cryptocurrencies next month – clarifying its stance on how these digital assets can be used and traded in the country. дальше »
2018-11-20 10:23 | |
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Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense
In recent regulatory news, a Canadian court plans to take custody of $19. 5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. дальше »
2018-11-15 19:35 | |
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair
China lifting the Bitcoin ban is fake news A couple of days ago we saw multiple reports come through claiming that China has lifted its infamous “Bitcoin ban”. The reports came out after Shenzhen Court of International Arbitration recognized Bitcoin as “a legal asset to be owned, transferred and utilized as a medium of payment […] The post VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair appeared first on CaptainAltcoin. дальше »
2018-11-10 22:59 | |
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Oyster (PRL Token) Exit Scammers to be Taken to Court by Crypto Investor Victims via OysterUpdate.com
Con artists have been at work since the dawn of economics. This was most prevalent during the age of sails when a scammer would promise riches from the East Indies or the New World. After raising money for the “expedition”, he would simply vanish. дальше »
2018-11-7 18:12 | |
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Venezuela’s Supreme Court Orders Payment in National Cryptocurrency
Venezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. дальше »
2018-11-6 03:00 | |
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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal
After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law. дальше »
2018-10-30 18:59 | |
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SBI Partners With Hitachi to Build Digital Payments Platform in India
Hitachi Payment Services, the Indian-based subsidiary of Hitachi, has entered a joint venture with State Bank of India for the establishment of a digital payments platform, pending regulatory approval. дальше »
2018-10-30 09:00 | |
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India’s Suprement Court Orders Government to Define Policy on Crypto Within Two Weeks
The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. дальше »
2018-10-27 23:00 | |
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India’s Supreme Court Orders Government to Define Policy on Crypto Within Two Weeks
The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. дальше »
2018-10-27 23:00 | |
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Call of Duty crime syndicate suspected of stealing $3.3M in cryptocurrency
Recently unsealed court documents allege a pair of Call of Duty gamers were key in the success of an aggressive online crime syndicate that stole at least $3. 3 million in cryptocurrency. An FBI affidavit details the active roles played by two individuals, from Dolton and Bloomington Illinois, in an intimidating hacking campaign that saw hundreds of mobile phones accessed using stolen names, phone numbers, and other information, the Chicago Sun Times reports. дальше »
2018-10-23 13:05 | |
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Leading Indian Crypto Exchange Zebpay Sets off for Malta
Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times. дальше »
2018-10-19 11:00 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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Alleged Hacker Demands $174,000 in Bitcoin as Ransom for Details of 319 million Apple iCloud Users
Apple is under heat as a 21 Turkish IT analyst and founder of Vasinity Digital and Verticle Media hacked its system and threatened to sell the details of 319 million of its users unless he is compensated. дальше »
2018-10-18 22:06 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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New Zealand PM Used As Pawn In Fake News Site
Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country. дальше »
2018-10-12 16:30 | |
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SEC Obtains Emergency Court Order to Halt Questionable ICO
The U. S. Securities and Exchange Commission (SEC) has obtained an emergency court order issuing the stoppage of a recently planned initial coin offering (ICO) by Blockvest LLC and its founder Reginald Buddy Ringgold III, who falsely advertised that the token sale was approved by the SEC. дальше »
2018-10-12 01:12 | |
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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report
The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries. дальше »
2018-10-11 00:18 | |
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Federal Judge Rules Cryptocurrency MBC Is a Commodity
In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal. дальше »
2018-9-28 23:15 | |
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US Court Ruling: Initial Coin Offerings Covered by Securities Law
A new ruling by a federal judge in New York has put Initial Coin Offerings under the umbrella of securities law, in a first-of-its-kind legal case against a man charged with promoting digital currencies that were supposedly backed by non-existent real estate and diamonds. дальше »
2018-9-12 22:00 | |
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BitAngels Founder Sues AT&T for $224 million Following Wallet Hacks
BitAngels founder Michael Terpin has filed a $224 million lawsuit against telecoms provider AT&T, alleging that its negligence led him to lose about $24 million worth of cryptocurrency to fraudsters, according to a CNBC report. дальше »
2018-8-16 23:14 | |
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Playboy Suing Cryptocurrency Company Over Breach of Contract
Playboy Enterprises has filed a lawsuit against a cryptocurrency company over failure to create a digital currency wallet for payments. A Clash in Court Playboy Enterprises, the parent company behind the marquee adult magazine, has filed a lawsuit against Global Blockchain Technologies (GBT) in the Los Angeles County Superior Court according to LA Times. дальше »
2018-8-15 05:00 | |
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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity
In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […] The post Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity appeared first on Bitcoin News. дальше »
2018-8-12 15:58 | |
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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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Breaking news: RBI’s cryptocurrency prohibition continues, final arguments on 11th September
The Reserve Bank of India [RBI] petitioned a ban against cryptocurrencies, as to prohibit the banks for conversion of digital currencies to Indian Rupee [INR]. The hearing of lifting or proceeding with the ban was held today. дальше »
2018-7-21 02:25 | |
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Bitcoin Price Analysis: Head-and-Shoulders Reversal Pushes New Highs
In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom). дальше »
2018-7-18 01:36 | |
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Supreme Court ruling adds privacy protection for the digital age
Your phone knows where you’ve been. LightAndShare/Shutterstock.com Jonathan Weinberg, Wayne State University The Supreme Court has handed down a landmark privacy decision in a case about cellphone location data, suggesting there should be stronger protections against government searches for the increasing amount of private information that’s stored online. The case relates to location information routinely […] дальше »
2018-7-9 05:10 | |
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Reserve Bank of India’s Restrictions for Cryptos Upheld by Court
In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th. дальше »
2018-7-6 15:59 | |
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Vitalik Buterin Demands Court Challenge Against New nChain Patent
Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. Pure Invention? nChain, whose chief scientist Craig Wright claims to be Bitcoin creator Satoshi Nakamoto while heavily endorsing altcoin Bitcoin Cash, received its latest European patent for what it describes as a “digital security invention. дальше »
2018-6-27 06:00 | |
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