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Month: June 2019

U.S. Regulator CFTC obtains default entry against the BlueBitBanc scheme and its perpetrators

June 15, 2019 / Regulation

Two weeks after the U.S. Commodity Futures Trading Commission (CFTC) filed its request for a Certificate of Default, it secured a clerk’s entry of default...
The Marshall Islands – A cybercrime paradise promotes crypto to legal tender

June 9, 2019 / Regulation

Crypto becomes legal tender On February 26, 2018, the sovereign Republic of the Marshall Islands (RMI), a tiny Pacific atoll nation with a population of...
Regulatory Complaint – SEC charges Kik with conducting $100 million unregistered ICO

June 5, 2019 / ICO and Token Placement, Regulation

The U.S. Securities and Exchange Commission (SEC) sued Kik Interactive Inc. for illegally raising $100 million through its Initial Coin Offering (ICO) in 2017. The...
Former SEC attorney claims Bitcoin’s value derives from its potential to facilitate criminal activity

June 5, 2019 / Regulation

In his column for Law360, former SEC Attorney John Reed Stark once again spoke out massively against Bitcoins. However exciting, disruptive and innovative the blockchain...

U.S. Regulator CFTC obtains default entry against the BlueBitBanc scheme and its perpetrators