Legal

• The telecommunications giant could soon replace traditional physical SIM cards with a software version, secured with blockchain-based encryption.
• The vSIM could be used from multiple devices associated with the user's account,and even be temporarily assigned to other users.

• ICOBox,and its Founder Nikolay Evdokimov were able to raise around $14 million through the sell of their "ICOS" token in 2017.
• The company also acted as an unregistered broker, by facilitating the sale of tokens from "dozens of clients", which were able to raise another $650 million.

• The wallet will be configured to work in a decentralized peer-to-peer network.
• The current cryptocurrency wallet system has a number of security issues, such as mismanagement or potential theft of private keys.

• McCormack’s lawyers noted that their client's accusations were only in the interest of the public.
• Wright is still rejecting to offer cryptographic proof that he is indeed who he claims to be.

• Despite the existence of New Jersey exemptions on token sales, Pocketinns did not acquire the necessary documentation from its investors.
• The New Jersey Bureau of Securities is seeking a refund and a monetary penalty.

• The self-proclaimed creator of Bitcoin, Craig Wright, has failed to produce his Bitcoin holdings prior to December 31, 2013, as per a court order.
• On June 28, Wright is expected to appear for a deposition at the U.S. District Court for the Southern District of Florida.

• SEC to sue Kik for their $100 million ICO in 2017 due to the sale of unregistered securities.
• Reportedly, Kik were losing money for years but wanted to raise additional capital to look more appealing.

• Binance CEO sues Sequoia Capital over financial losses.
• The court hearing will be on June 25th, where it will be decided if and what damages Zhao sustained.

United States cryptocurrency investor Michael Terpin has won over $75 million in a lawsuit against 21 year...

The U.S. Department of Justice indictment of two individuals on multiple counts, including operating an unlicensed money...