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Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages


Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications – but the scope of its latest request filed on Tuesday...

Chinese Billionaire Convicted of Racketeering and Wire Fraud in US


Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...

UK Court Reverses Bitcoin Whitepaper Decision Against Cobra


The UK court has set aside all judgments against Cøbra, the pseudonymous operator of Bitcoin.org. It is based on the long-running copyright dispute over the Bitcoin whitepaper. This decision marks a major shift in the legal battle initiated by Craig Wright, who claims to be Satoshi Nakamoto,...

Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice


John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017...

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