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Singapore Courts Slap Charges on Three Cases of Financial Crime
24.10.2019
Singapore has grown into one of the world’s most important financial hubs over the past decades, and at the same time, the city-state is also well known for being very tough on financial crimes. Within one single day, the courts in Singapore slapped charges on three separate cases of financial...
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...
Victim of $24 Million SIM Swap Case Writes Open Letter to FCC Chairman
22.10.2019
Michael Terpin wrote an open letter to the FCC chairman, requesting to take decisive action against SIM swapping after a hacker stole $24 million
Court Postpones TON Hearing Till February, Impatient Investors May Get 77% Back
21.10.2019
The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want...
Russia Blocks 2 Crypto News Websites
19.10.2019
Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information...
Telegram Offers to Postpone Launch of the TON Network
18.10.2019
Telegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams...
SEC Insists Grams Are Securities — TON Launch Won’t Change This
18.10.2019
The SEC insists that Grams are securities, arguing that a preliminary injunction against Telegram is needed to prevent further violation
Telegram Asks Court to Deny SEC’s Action, Says Gram Is Not a Security
17.10.2019
Telegram urges the U.S. court to deny the SEC’s emergency action, calling it “an ‘emergency’ of its own making”
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
16.10.2019
The India Supreme Court has postponed a hearing regarding the Reserve Bank of India’s policy that bans financial institutions from giving services to crypto businesses
Indian Supreme Court Postpones Crypto Case to November
15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...
Telegram Responds to Investors on SEC Action, Hearing Set for Oct. 24
13.10.2019
TON developers respond to its investors, claiming that they have been trying to solicit feedback from the SEC for the past 18 months
Bank of Ireland Execs Back Out of Testifying in OneCoin Scam Hearings
12.10.2019
Bank of Ireland executives change their stance about voluntary testimony in the OneCoin scam case
Spanish Firm Aragon to Open Registration Doors for Aspiring Judges to Settle DAO Disputes
11.10.2019
Spain-based reputed startup platform, Aragon has broadcasted the news that it will launch a form for the registration of interested individuals who are aspiring to sign up as judges for the platform. These judges will play a pivotal role in settlement of disputes and the enforcement of contracts...
US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power
10.10.2019
The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies
SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum
9.10.2019
The U.S. SEC has reportedly entered settlement talks with alleged fraudulent crypto firm Veritaseum
Class Action Accuses Tether and Bitfinex of Market Manipulation
7.10.2019
Tether’s 1:1 USD backing was a lie, according to a new class-action lawsuit against Tether and Bitfinex filed by legal firm Roche Freedman
Indian Supreme Court Sets Date to Hear Crypto Case Next Week
7.10.2019
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
Tether and Bitfinex Expect a Market Manipulation Lawsuit: Official
5.10.2019
Tether and Bitfinex expect a lawsuit as they became aware of an unreleased paper alleging that USDT is involved in market manipulation
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
1.10.2019
The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is