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Markets

Crypto Escrow Firm Chief Charged Over Alleged $7 Million Fraud

A man faces charges by the U.S. Attorney's Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered.

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Markets

Coinbase-Led Group Aims to Help Crypto Firms Avoid Securities Violations

Coinbase, Circle, Genesis and more are developing a ratings system aimed to flag crypto assets that are similar to securities.

Brian Armstrong speaks at Consensus 2019.

Markets

Overstock Class Action Claims SEC Blocked Firm's Digital Dividend Lockup

An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.

Patrick Byrne, former CEO of Overstock

Markets

New Interest in DAOs Prompts Old Question: Are They Legal?

New tools have made DAOs all the rage in the ethereum community. Now one startup is trying to make them work within U.S. legal frameworks.

Aaron Wright via CD

Markets

'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Simon Potter ex-NY Fed official

Markets

Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

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Markets

SEC Chair, Commissioners to Talk Crypto at Congress Hearing Next Week

The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.

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Tech

Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers

With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges.

Zap founder Jack Mallers speaks at Bitcoin 2019 in San Francisco.

Markets

Craig Wright 'in Discussions' to Settle Multi-Billion-Dollar Court Case

Craig Wright, the entrepreneur who controversially claims he is Satoshi Nakamoto, is moving to settle the $10 billion Kleiman court case.

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Markets

US Sanctions Three Alleged Crypto Hacking Groups From North Korea

The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.

North Korea military parade