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.

Alleged Leader of OneCoin Ponzi Has Sentencing for Money Laundering Adjourned

Konstantin Ignatov has again had his sentencing date adjourned while he continues to cooperate with U.S. prosecutors.

DC Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers' fees.

Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner

Following a sharp drop in the Wirecard stock price, the German shareholders' body holds EY responsible for not alerting the public sooner over the firm's accounting failures.

Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied

A Florida judge threw out a motion for sanctions against Wright saying the lawsuit over 1.1 million BTC would be better decided by a jury.

S. Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.

Blockchain Association Tries to Draw Legal Line Between Kik’s Token and Its 2017 Pre-Sale

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

Judge ‘Puzzled’ by Craig Wright’s Objections to Producing Evidence of Over 1.1M Bitcoin

The judge pointed to the fact that Wright has previously been accused of abusing attorney-client privilege in the Kleiman case.

Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk

The accused scammers argue they are unable to follow medical advice in an enclosed jail environment.