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Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit
Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit accusing it of violating US securities law.
Judge Issues Default Judgment in ICO Fraud Lawsuit
A federal judge ruled against Monkey Capital after finding it defrauded victims in an initial coin offering.
US Senate to Examine Energy Efficiency of Blockchain
The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.
SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban
The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."
How Crypto Reacted to This Week's SEC Bitcoin ETF Delay
While the market didn't like the SEC's bitcoin ETF delay decision, observers on social media weren't surprised at all.
Tezos ICO Class Action Looms After Motion to Dismiss Denied
A motion to dismiss a class action lawsuit against Tezos' $232 million ICO was denied on Tuesday by a U.S. judge.
Ohio Becomes Latest US State to Legally Recognize Blockchain Data
The U.S. state of Ohio has joined Arizona in legally recognizing data stored and transacted on blockchain.
New York Finance Watchdog 'Fiercely Opposes' Sandboxes for Fintech Firms
The chief of New York's financial regulatory body said Tuesday that the agency is "fiercely opposed" to regulatory sandboxes for fintech firms
SEC Subpoenas Another Firm Following Claimed Blockchain Pivot
Long Blockchain, which made headlines last year when its stock surged following a blockchain pivot, has been subpoenaed by the SEC in the U.S.
Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering
A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.
