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US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme

US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining SchemeA U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services they had purchased from him,” according to the U.S. Department of Justice (DOJ). Man Sentenced to Prison for Defrauding […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas

New York Judge Orders Terraform Labs to Comply With SEC’s Investigative SubpoenasA recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed a subpoena enforcement action against Terraform Labs and the […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets