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Legal
India's Supreme Court Prods Government on Bitcoin Regulation
The court asked India's central bank and several government agencies to respond to a petition that expressed concern about tax dodges and ransomware.

Tezos Founders Hit With Second Class Action Suit
A second class action lawsuit has been filed against the founders of blockchain startup Tezos, alleging violation of U.S. securities law.

Alleged Bitcoin Launderer Faces Extradition Hearing Next Month
An alleged money laundered tied to the BTC-e bitcoin exchange and wanted by both Russia and the U.S. will attend an extradition hearing next month.

UK Finance Regulator Warns Against Cryptocurrency Derivatives
The U.K. Financial Conduct Authority warned against investing in cryptocurrency-based contracts in a post published Tuesday.

Top SEC Accountant Wants Auditor Eyes on Crypto
The SEC's chief accountant is taking distributed ledger technology seriously, exhorting other accountants to do the same.

Chinese Power Provider Denies Bitcoin Mining Ban
A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.

More Charges Filed Against Trader Who Used Bitcoin to Conceal Fraud
A Philadelphia day trader was formally indicted for money laundering using bitcoin, among other crimes.

Wall Street Exec Sued for Role in Fraudulent Cryptocurrency Scheme
Investors in GAW Miners sued Stuart Fraser for his role at the defunct firm following a guilty plea of wire fraud by his longtime partner, Josh Garza.

US Medical Board Group Launches Blockchain Certification Pilot
A national non-profit group for state medical boards is launching a new blockchain pilot focused on digital certifications.

Tezos Founders Sued for Securities Fraud in Potential Class Action
A lawsuit seeking class action status has been filed in California against the founders and promoters of the controversial Tezos blockchain project.
