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Latest from Nikhilesh De
'Massive Adoption' Conference Organizer Sued After Refund Delays
A lawsuit filed by David Silver on behalf of Massive Adoption attendees alleges fraud, unjust enrichment and breach of contract on the part of organizer Jacob Kostecki after they did not receive refunds for the canceled crypto conference.

CFTC Claims 'Massive Fraudulent' Scheme Defrauded Investors of $20M
The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years.

Securitize Builds Digital ID Service in Hopes of Creating Industry Standard
Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don't have to keep sending the same documents to every company they deal with.

Libra Association Names HSBC Chief Legal Officer as First CEO
The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year.

Crypto Forensics Firm TokenAnalyst Shuts Down, Some Employees Hired by Coinbase
TokenAnalyst is shutting down after 2.5 years of operations, with some employees moving on to new roles at Coinbase.

ICE Spent 'Nearly $300M' Helping Bakkt Acquire Loyalty Firm Bridge2
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.

11 Lawmakers Urge US Treasury to Consider Blockchain for COVID-19 Relief
Rep. Darren Soto and 10 other members of Congress want the Treasury Department to consider using a blockchain platform to streamline the distribution of funds meant to stimulate the U.S. economy.

Judge Approved Blockchain Association’s Brief in Kik Case Despite SEC Objections
U.S. District Judge Alvin Hellerstein allowed the Blockchain Association to file a brief in the SEC v. Kik case a day after the regulator filed an objection to letting the group comment.

New York Regulator Hires Former IRS Silk Road Investigator as General Counsel
The New York Department of Financial Services has appointed former IRS Criminal Investigations head Richard Weber as its new general counsel.

Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association
Checkout.com, a digital payment processor that focuses on cross-border transactions, has become the 24th member of the Libra Association.
