Judge Rules Against ICO Founder in Fraud Lawsuit

Dec 19, 2019 at 16:00 UTCJames Ferguson, CEO of ImmutableThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. James Ferguson is CEO of Immutable, the creators of Gods Unchained.Growing up, CEO of Immutable James Ferguson’s favorite game was…

Will Canny is CoinDesk's finance reporter.The Securities and Exchange Commission (SEC) will soon bring enforcement action against Coinbase (COIN) and this action is likely to mirror those that the regulator brought against rival crypto exchanges Bittrex and Kraken, Berenberg said in a research report on Monday.The bank initiated coverage of the stock with a hold…

Mar 10, 2020 at 11:39 UTCUpdated Mar 10, 2020 at 11:43 UTCBitcoin is witnessing a recovery rally alongside the traditional finance markets a day after slumping to two-month lows. The top cryptocurrency by market value is currently trading near $8,070, representing a 5 percent gain on lows near $7,640 registered on Friday, according to CoinDesk's…

The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms (RIOT).According to the agreement, the EIA will publish a notice proposing its planned miner survey, taking comments for 60 days. The

Bitcoin stays below the 50-day simple moving average after the defunct exchange Mt. Got delays bankruptcy-related creditor repayments.The delay was expected and priced in.Bitcoin (BTC) struggled to gather upside traction even after defunct crypto exchange Mt. Gox pushed out its pending BTC bankruptcy repayments by a year, delaying the return of extra supply to the

Aug 31, 2020 at 17:53 UTCUpdated Aug 31, 2020 at 18:29 UTCCFTC logo (Mark Van Scyoc/Shutterstock)TeraExchange LLC, a wholly owned subsidiary of Tera Group Inc., was reinstated as a swap execution facility through a Commodity Futures Trading Commission (CFTC) order on Monday.  According to the press release posted on the CFTC website, TeraExchange was deemed…

Matter Labs, the main development firm behind the layer-2 network ZKsync, has introduced a new roadmap called ZKsync 3.0, aimed at making the ecosystem more interconnected – including a new "Elastic Chain" that somewhat resembles rival Polygon's AggLayer, released earlier this year.At the core of ZKsync "3.0" is the v24 upgrade, released June 7, turning

STFIL said that its core technical team is being investigated and that lawyers have been hired to provide assistance.Tokens on the platform were moved to an unknown address that now holds around $23 million in FIL.Filecoin liquid staking platform STFIL believes some of its team members are under investigation by the Chinese police.STFIL, which has

Feb 19, 2020 at 22:55 UTCUpdated Feb 19, 2020 at 23:06 UTCUS Court Tells Telegram and SEC to Focus on ‘Economic Realities’ of Gram Token SaleA U.S. federal judge says the SEC shouldn't get hung up on "labels" in determining whether messaging platform Telegram conducted an illegal securities offering.In his first public remarks on the…