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SEC Lodges Emergency Action Against Fraudulent Organizer of VERI ICO


The United States Securities and Exchange Commission (SEC) has sought that the assets belonging to the organizer of VERI (Veritaseum) initial coin offering, Reginald “Reggie” Middleton, be frozen. The Commission has accused Middleton for conducting an illegal and fraudulent ICO for the VERI coins...

UK Judge Strikes Out Craig Wright’s Libel Lawsuit Against Roger Ver


According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and...

2,700 Indian Companies Stood Against Proposed Crypto Ban


An association of Indian technology companies wants the government to rethink a potential ban on cryptocurrencies – and choose a path of regulation instead of a China-style blanket ban. The National Association of Software and Services Companies (NASSCOM) said that a proposed ban...

Consensys Inner Conflicts Spark Legal Action Against Founder


Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...

Indian Supreme Court Sets New Date to Hear Crypto Case


The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....

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