Man Charged With Defrauding $4.5M in Crypto to Fund Gambling Habit
The New York man asked investors for loans for what he called a low-risk investment, but the DOJ said most of the money was sent to offshore gambling sites.
Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year.
Michael Ackerman pleaded not guilty to one count of wire fraud for his involvement in the Q3 investment club that allegedly defrauded 150 investors.
Miller Thomson, the law firm representing QuadrigaCX's former users, has hired Kroll and Coinfirm to conduct blockchain sleuthing services.
Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.
Blockchain firm GNY has sent a legal notice to Grant Thornton New Zealand over alleged high fees and failures to properly address its claim.
The Blockchain Association is claiming that the U.S. Securities and Exchange Commission is wrongfully conflating Kik's exempt offering of securities during a 2017 ICO with the issuance of kin tokens