Legal

SEC to Sue Kik for their ICO in 2017

SEC to Sue Kik for their ICO in 2017

  • 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

Binance CEO Sues Sequoia Capital

  • 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.
Arrested man in handcuffs

US Cryptocurrency Investor Wins Over $75 Million in Sim Swapping Hack Case

United States cryptocurrency investor Michael Terpin has won over $75 million in a lawsuit against 21 year...
A judge sitting behind a wooden desk with a gavel and scales of justice on top of it

DoJ Indictment Reveals That Two Exchanges Allegedly Used Shadow Banking Services

The U.S. Department of Justice indictment of two individuals on multiple counts, including operating an unlicensed money...
A judge's gavel

CEO Indicted on Nine Counts for Defrauding Crypto Investors

Patrick McDonnell, owner of alleged investment firm Cabbage Tech, was charged with wire fraud, according to a...
Former Court Building in Japan

MtGox CEO Mark Karpeles Found Guilty of Record Tampering, Not Guilty of Embezzlement

The former CEO of now-defunct Bitcoin (BTC) Exchange Mt. Gox, Mark Karpeles, was found guilty of of...
A Hardwood Gavel

Canadian Court has Given QuadrigaCX a 45-Day Extension

QuadrigaCX has received a 45-day extension on their stay of proceedings from the Nova Scotia Supreme Court,...
Social Media Platform Kik Says it will Fight SEC Over Possible Enforcement Against its ICO

Social Media Platform Kik Says it will Fight SEC Over Possible Enforcement Against its...

Kik, the tokenized social media app company, is planing to fight the United State regulators over a...
Samsung files cryptocurrency related trademark

Samsung Files Cryptocurrency Related Trademark

Shortly after dismissing the Galaxy S10 cold storage wallet reports as "rumours and speculation", the South Korean...
Unexpected: ICO Wins Case Against SEC

Unexpected: ICO Wins Case Against SEC

Blockvest, a blockchain-based project that held an ICO, was recently in battle with the SEC over their digital asset....