SEC secures summary judgment against crypto issuer LBRY
The Court held that LBRY offered and sold LBC as a security in violation of the registration provisions.
The Court held that LBRY offered and sold LBC as a security in violation of the registration provisions.
James Zhong pleaded guilty to committing wire fraud when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace.
The SEC charges Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club.
The CFTC order requires Rounsville to pay a $177,000 fine, and permanently bans him from trading in virtual currencies.
The SEC has filed charges against Jeremy K. Rounsville for his role in promoting a fictitious trading program named Arbitraging.co.
The CFTC requests that the Court enter defaults against Rathnakishore Giri, SR Private Equity, LLC and NBD Eidetic Capital, LLC.
The CFTC has filed a complaint against Rathnakishore Giri, controlling person of SR Private Equity, LLC and NBD Eidetic Capital, LLC.
Crypto trader Jeremy Spence, a/k/a “Coin Signals,” was sentenced to 42 months in prison for defrauding more than 170 victims.
Fraudsters continue to capitalize on market interest in crypto assets to lure investors into scams, using high-pressure sales tactics.
The CFTC has informed the Court that several of the individuals behind fraudulent crypto scheme Global Trading Club have signed consent orders.