Plaintiffs Merge Three Lawsuits Against Bitfinex and Tether

Three separate lawsuits - David Leibowitz et al, Eric Young et al, and Bryan Faubus et al - were filed against Bitfinex and Tether. According to the court filing on January 16, legal counsel of all three parties requested a merger of the disputes. In their court filings, Leibowitz, Young and Faubus accuse Bitfinex and...

SEC Charges Shopin with Defrauding Investors In a $42 Million ICO

The U.S. Securities and Exchange Commission (SEC) has charged the cryptocurrency company Shopin, and its Chief Executive Eran Eyal, with defrauding a large number of investors in a $42 million Initial Coin Offering (ICO).According to the SEC’s announcement, the founder of Shopin was deceiving investors by selling unregistered securities in the form of Shopin...