2019-11-27 16:30 |
Telegram's founder and CEO Pavel Durov, plus two other employees, should be deposed to give testimony in the SEC case over whether the gram token is a security, a judge has ordered. origin »
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Telegram was already a massive social media platform, and they decided to launch a new cryptocurrency asset called the Gram. Unfortunately, its legal status is still being debated, leading to a court case involving the SEC.
2019-11-27 00:15 | |
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Earlier this year BitcoinExchangeGuide had reported a story about Lisa Angela Cheng and Kevin Patrick Hobbs having been accused of conducting a fraudulent Initial Coin Offering (ICO) based on deceit and false statements.
2019-8-20 19:00 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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Lawyer Stephen D. Palley has an interesting write-up at the Block about how a federal judge has ruled that ATB Coin was an unregistered security even if the token didn’t entitle buyers to profits.
2019-4-4 04:30 | |
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Crypto Lawyer Shares Ripple Securities Class Action Lawsuite Update: Judge Denies Remand Motions Several months ago, a class action lawsuit between XRP investors and Ripple was established, combining the arguments from plaintiffs Avner Greenwald, David Oconer and Vladi Zakinov.
2019-3-2 04:23 | |
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After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U. S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities.
2019-2-17 08:55 | |
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After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U. S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities.
2019-2-17 08:55 | |
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A US district judge has dismissed the SEC’s request for a preliminary injunction against crypto startup Blockvest.
2018-12-5 21:49 | |
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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.
2018-12-1 22:36 | |
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The crypto world received a surprising win from the U.S. justice system today. Earlier this week, a California judge slapped down an SEC attempt to classify an ICO token as a security. U.S. District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) has failed to […]
2018-11-29 00:17 | |
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Cryptocurrencies are commodities, according to four court cases involving the U. S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space.
2018-10-5 02:27 | |
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Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.
2018-9-12 22:09 | |
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A district judge in California has advanced the securities class action against the husband and wife duo behind blockchain project Tezos for their July 2017 $232 mln ICO
2018-8-9 21:50 | |
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A Florida district court has published an analysis explaining how a crypto token is a security. Magistrate judge Andrea Simonton of the Southern District of Florida, in a report on whether to freeze the assets of the Floyd Mayweather-endorsed Centra Tech crypto startup, released a detailed explanation of how the company’s token demonstrates the different
2018-6-28 08:25 | |
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A Florida district court has published an analysis explaining how Centra Tech's CTR token is a security.
2018-6-28 06:00 | |
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The Foundation says its mission is to preserve and foster the Flappy Bird game and legacy for the community.
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.
The MEW character will be featured on TON, the network where Pixelverse’s Telegram mini-games operate, in a first for a Solana meme coin.
Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.
Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC.
TON Labs, a startup that helped Telegram run the test network for its blockchain network, launched its own version called Free TON Thursday, with the support of professional validators.
Telegram has asked a court to clarify if it can still issue its tokens to non-U.S. investors after a preliminary injunction blocked the issuance in the U.S.