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Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan

Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million.

Japan police car

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Michigan Secretary of State Nixes Crypto for Political Donations

A letter from the Michigan Secretary of State's office states that cryptocurrencies cannot be used for political donations.

michigan

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Combined Class-Action Lawsuit Against Ripple Moves to Federal Court

Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco.

blockchainlawsuit

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CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.

gavel and bitcoin

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Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.

mask - shutterstock

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Colorado Regulators Crack Down on Four More ICOs

The state's "ICO Task Force" has now issued 12 cease-and-desist orders since May of this year.

Credit: Shutterstock

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Victims Sue AT&T, T-Mobile Over 'SIM Swap' Crypto Hacks

A cryptocurrency-focused law firm in the U.S. says it has filed lawsuits against AT&T and T-Mobile on behalf of victims of "SIM swapping" hacks.

SIM card

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Judge Lifts Order to Freeze Charlie Shrem's Assets in Winklevoss Case

A federal judge lifted a $30 million attachment order against Charlie Shrem Thursday, though the case will proceed to a jury trial next year.

Cameron and Tyler Winklevoss, Gemini founders (Shutterstock)

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Expect the SEC to Target More Token Exchanges After EtherDelta

The SEC's settlement with the founder of EtherDelta is likely the first of many enforcement actions to come against crypto token exchanges.

Clayton, SEC

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SEC Charges EtherDelta Founder Over 'Unregistered Securities Exchange'

The SEC has charged Zachary Coburn, founder of EtherDelta, with running an unregistered national securities exchange.

SEC image via Shutterstock