CFTC Issues Order Against Fraudulent Crypto Arbitrage Company

The Commodity Futures Trading Commission (CFTC) has issued an order against the CEO of a fraudulent crypto trading firm "Abritraging.co."

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How good is XRP after this brutal statement by Ripple against the SEC

As the Ripple vs. SEC case drags on, interesting twists are popping up. The SEC has finally complied with a court’s order to submit internal documents contested by Ripple (XRP/USD).

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Bitcoin Down Under: Aussie Regulator Issues Block Order Against Holon’s Crypto Funds

Bitcoin and other related crypto products being offered by this Australian asset management company is now on hold. The Holon Investments Australia Limited has received cease-and-desist orders from the Australian Securities and Investments Commission.

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Delaware Investor Protection Unit Nabs 23 Crypto “Pig Butchering” Scammers

The Investor Protection Unit of the Delaware Department of Justice has issued a summary order against 23 crypto projects and individuals. The cease-and-desist order was issued to establishments involved in a cryptocurrency scam known as the “pig butchering scam.” The…

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California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues

The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto.

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Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting

The U.S. Securities and Exchange Commission (SEC) filed and settled charges last week against Friedman LLP, the former auditing firm of stablecoin issuer Tether, finding “serial violations of the federal securities laws” and numerous instances of “improper professional conduct,” according to an order published Monday.

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Vitalik Buterin Argues That Highly Decentralized DAOs Will Outperform Corporations

Buterin believes that in order for DAOs to be more efficient, they must stay highly decentralized while embracing elements of political science and corporate governance. Vitalik Buterin Defends DAOs Against Critics Vitalik Buterin, the co-founder of Ethereum, has come out…

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Singapore High Court Approves Liquidator’s Probe Into Three Arrows Capital Assets

The Singapore High Court has formally recognized the liquidation order against the insolvent crypto hedge fund Three Arrows Capital. The ruling allows 3AC’s liquidators to commence an inquiry into the fund’s finances held in Singapore.

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CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The U.S. markets regulator filed a cease-and-desist order in a district court against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.

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Vauld Gets Three Month Moratorium From Singapore Court – Here’s What It Means For Creditors

Troubled Vauld obtained a three-month moratorium for the courts in Singapore as it hoped to put its house in order. The exchange’s 147,000 creditors are now barred from taking legal action against the company for the duration of the moratorium.

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Key Metrics to Measure Blockchain Network Performance

Everything out there has a particular set of characteristics against which its performance can be measured. Be it something as simple as a car or as intricately intertwined as the blockchain. These factors also help draw a comparison between two or multiple blockchains in order to find out the one that’s best for developing projects, […]

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Daily Pump & Dump | May 31, 2022 Crypto Market Report

The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins.   Today’s summary: Bitcoin reclaims $30,000 over memorial day weekend How Ethereum could lose its head against BTC What’s going on with Cardano? Bitcoin Makes Memorial Day Weekend Memorable Over the US Memorial Day holiday, bulls took advantage of thin order books and low volume, pushing the price per BTC to more than $31,500 at close.

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OCC issues Consent Order against Anchorage Digital Bank over AML violations

Anchorage Digital Bank has agreed to remedial action and will appoint a Bank Secrecy… The post OCC issues Consent Order against Anchorage Digital Bank over AML violations appeared first on Coin Journal.

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State Regulators Crack Down on Voyager Digital's Crypto Interest Offering

The legal order resembles a similar push against BlockFi.

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The Sun Is Finally Setting On XRP As Ripple Scores Biggest Win Yet Against SEC In A Surprising Turn Of Events

As ZyCrypto reported, the SEC filed a motion last April to strike out Ripple’s make-it-or-break-it fair notice defense which sought to have the court compel the SEC to avail some information through a discovery order and...

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Robinhood Exec Speaks Out Against Overregulating Crypto

A Robinhood executive says cryptocurrencies desperately need clarity while praising the recent executive order issued by the White House

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Crypto Market Braces For President Biden’s ‘Make Or Kill’ Executive Order This Week

A rift of sorts between crypto firms and the U.S. government on how sanctions against Russia should be enforced seemed to have stretched to breaking point.

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Florida Judge Denies Kleiman Estate’s Request for New Trial Against Craig Wright

Lawyers for Ira Kleiman asked for a do-over in January, claiming Wright’s attorneys violated a court order to keep quiet about Kleiman’s fraught relationship with his brother, Dave.

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Cryptocurrencies have double digit rises against backdrop of sanctions

The war in Ukraine has become a turning point in the world order in…

The post Cryptocurrencies have double digit rises against backdrop of sanctions appeared first on Coin Journal.

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Canada Emergencies Act Declares War Against Crypto And Freedom Convoy Protesters

Prime Minister Justin Trudeau has invoked the Canada Emergencies Act, a law that allows the government to freeze the bank accounts of protesters without the necessity for a court order. This will be the first time the law is enforced.

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Federal Judge Merges Two Cases Against Ripple

Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law, consolidation involves the merger of two or more cases that are similar in nature in order to optimize the judicial resources.

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Telegram drops TON appeal in US court

Telegram is no longer going to pursue an appeal against a court order barring it from launching the Telegram Open Network (TON), and distributing the Gram tokens. A US federal court in March issued an injunction that stopped the company from proceeding with the $1.

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TSLA Stock Down 1.69%, Tesla Drops Lawsuit against Alameda County over Shutdown Order

Coinspeaker TSLA Stock Down 1. 69%, Tesla Drops Lawsuit against Alameda County over Shutdown OrderTesla (TSLA) stock prices rose yesterday but today it is falling. Meanwhile, it has become known that the EV maker decided to drop its lawsuit against Alameda County officials related to the lockdown order.

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Tesla to Sue California’s Alameda County Over Lockdown Restrictions

In a recent tweet, Elon Musk said that he plans to file a lawsuit against Alameda County, Calif. The rest of the state is reopening manufacturing, but the county is maintaining its shelter-in-place order.

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Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Queen’

In mid-April, news. Bitcoin. com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U. S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike.

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Bitcoin (BTC) Price Analysis (April 29)

Key Highlights • BTC/USD market still trades in a range-bound manner around a high point at $8,000. • The bears have not had strength against the low buying pressures in BTC/USD trade. • Traders need adhering to precautionary steps when placing an order in BTC/USD market.

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US State Regulators Order ‘Fraudulent’ Crypto Mining Scheme to Shut Down

The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme.

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Court Blocks Telegram’s Token Issuance for Violating Securities Law

A US federal court has ruled in favor of a temporary restraining order against Telegram, effectively blocking the company from issuing its Gram tokens. This is an extension of a...The post Court Blocks Telegram’s Token Issuance for Violating Securities Law appeared first on Crypto Briefing.

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Blockchain for Australian Farmers: A Shield Against Worsening Climate

The agricultural industry in Australia requires transformation and adjustment to the new technologies in order to survive the natural disasters

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IOTA Halts Network as It Investigates Trinity Wallet Attack

IOTA has shut down its network in order to deal with an ongoing attack against its Trinity wallet, according to an announcement published on Thursday, Feb. 13. Currently, #IOTA is...The post IOTA Halts Network as It Investigates Trinity Wallet Attack appeared first on Crypto Briefing.

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Indian Supreme Court Reserves its Order on Reserve Bank of India (RBI)’s Ban on Crypto

The Supreme Court of India on Tuesday reserved its order on the case against Reserve Bank of India's decision to bar banking services from dealing in any transactions associated with cryptocurrency.

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Bitfinex Ordered To Freeze $860k Bitcoin Linked To BitPaymer Ransomware By UK Courts

A High Court in the United Kingdom has issued a freeze order on Bitcoin acquired via a ransomware attack against a Canadian-based firm. The proprietary injunction issued is a court order that prohibits an individual from handling their own assets until a proprietary claim case is heard and determined.

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Developer Proposes Decentralized Bitcoin Hashrate Derivatives

There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies.

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Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless.

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Kleiman Estate Asks Judge to Overrule Craig Wright’s Objections

On December 16, new court filings from the Kleiman v. Wright case show the plaintiffs have responded to Wright’s objections against the magistrate’s court order. Kleiman’s lawyer Velvel Freedman explained that Craig’s statements in court “lacked credibility,” his constant change of stories “demonstrates falsity” and Freedman claims Wright’s “trust documents are forgeries.

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US SEC Seeks to Reopen Case Against Bitcoin Fraudster, Seeks Penalties

The U.S. SEC is seeking to reopen a case against a Bitcoin fraudster in order to extract monetary penalties

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Texas Securities Watchdog Shuts Down Craigslist Crypto Scammer

Texas securities regulators issued a cease and desist order against an alleged crypto scammer advertising on Craigslist

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Regulators Target Bitcoin Trader Craigslist Crypto Scam for Guaranteeing 900% ROI Scheme

Officials from the Texas State Securities Board made a move against a misleading crypto ad on Craigslist. They filed a cease and desist order against the promoter to take the ad down. This was the fourth time that the division has had to deal with a situation like this since the beginning of its latest […]

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Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks

Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading.

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Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors

According to a Texas State Security Board announcement dated  August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing.

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Bitcoin may be checking off its political, economic manifesto by acting as a hedge against the world

When the dust settles, what will remain? Bitcoin, it can be argued, was created as a reactionary tool against the financial markets that laid waste to global economies and wrecked the world order during the recession of 2008.

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Maltese Bitcoin Miner Wins Lawsuit Against Mining Equipment Seller

Malta’s Consumer Claims Tribunal (MCCAA) has ordered Dario Azzopardi, a retailer of Bitcoin mining machines to refund $2,239 (€2,000) to a client who claimed that the machine they had purchased from the firm generates a lot of noise and massively consumes electricity, reports Malta Today on August 6, 2019.

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Agecroft Consultancy CEO: Bitcoin Has A Fantastic Technology And Hedge Funds Will Go For It

Don Steinbrugge, the CEO of Agecroft Partners, has recently spoken about Bitcoin. According to him, BTC has a fantastic tech and it can be used in several creative ways. For instance, you can use BTC in order to hedge against inflation.

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Voyager upgrades its unique routing tech enabling instant BTC execution

Voyager upgrades its unique routing tech enabling instant BTC execution » CryptoNinjas Voyager, a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets.

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DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience

There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future.

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Kraken sounds warning against ‘phishing’ involving Punycode lookalike; troubled waters ahead?

Kraken, the American cryptocurrency exchange that often skirts the line between being a real exchange and having a flawed exchange order and liquidity system, has once again run into a spot of bother.

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How a #10YearChallenge tweet highlights Iran’s paradoxical relationship with social media

The 10-Year Challenge was the year’s first big internet fad. You remember? When people posted pictures of themselves from 2009 and 2019 in order to… well, actually, that was it. Depending on who you talk to, it was either a benign trend for people to show off how resilient their faces were against the tides of time, or a conspiracy by Facebook to improve its facial recognition tech.

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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?

Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.

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Bitcoin Exchange Bitfinex Scores Win Against NY Attorney General

Bitcoin exchange Bitfinex has secured a temporary reprieve in its ongoing legal tussle against the New York Attorney General’s (NYAG) office. NY Judge Grants Stay of Document In a press release issued on Wednesday (May 22, 2019), Bitfinex announced that Hon Joel M.

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Court Dismisses Lawsuit by Aggrieved ICO Investors Against Floyd Mayweather and DJ Khaled

In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that the plaintiffs’ decisions were notRead MoreRead More.

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