LBRY v SEC: Ripple’s Fate Hangs in the Balance

• The US Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple Labs alleging the sale of unregistered securities. • The LBRY v SEC case is expected to set the stage for Ripple’s case and the hearing will be held in the US district court. • John Deaton, […]

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Crypto Exchange Founder Arrested for Facilitating Money Laundering

• The US Department of Justice announced an international cryptocurrency enforcement action on Wednesday and revealed that the DOJ has detained Anatoly Legkodymov, the founder of BitZlato, a Chinese cryptocurrency exchange. • The US sanctions framework is managed by OFAC and FinCEN are keeping an eye out for suspicious behavior […]

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