In November, the federal agency partially won
a case against cryptocurrency exchange Coinbase, forcing the company to reveal details of over 14,000 customers.
Not exact matches
Is this just a
case of a banker appeasing his buddies during a high powered lunch, or was Dimon actually trying to caution investors
against cryptocurrencies?
In what may emerge as a groundbreaking
case of South Korean regulators imposing fines
against a
cryptocurrency exchange for data breach violations, BTC Korea.Com, operator of the Korea - based Bithumb exchange, has found itself in the crosshairs of the Korea Communications Commission (KCC).
In November, the Internal Revenue Service (IRS) won a court
case against popular
cryptocurrency exchange Coinbase that required the exchange to hand over information on 14,355 users who'd traded in excess of $ 20,000 worth of bitcoin between 2013 and 2015.
Just two days after being granted a preliminary injunction in its
case against Patrick McDonnell and Coin Drop Markets, the CFTC used that ruling to give notice of supplemental authority in another
cryptocurrency - related
case.
That said, the SEC has brought a number of
cases against blatant fraudsters in the
cryptocurrency markets as well as
against ICOs that clearly fall under the scope of securities law (e.g., Munchee).
Take the IRS's recent legal
case against Coinbase, one of the largest
cryptocurrency companies in the world.
Much like the
case of the TrickBot Trojan, which relies on its existing capabilities to use serverside webinjections in attacks
against cryptocurrency holders, mobile malware leverages the overlay screen to do the same.
However, the central bank is still hesitant on allowing
cryptocurrency trading as explained by the chairman of State Duma Committee for Financial Markets, Anatoly Aksakov, «The central bank is
against the legalization of this type of digital currency, since in this
case, citizens can start actively investing in crypto - tools, not taking into account possible risks.»
Take the IRS's recent legal
case against Coinbase, one of the largest
cryptocurrency companies in the world.
Regulation The
case against the South Korean government over
cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court.
Quite a lot of the time, the arguments made
against specific alternative
cryptocurrencies are justified; however, a strong
case can be made that the position provided by Krawisz — that altcoins are bad in principle, and not just in implementation, goes too far.
Against the backdrop of a lot of discontent caused by the rising
cases of scams, the Australian Taxation Office recently asked taxpayers to submit their input in deciding how tax deductions from
cryptocurrency profits should be collected.
Altcoins «Vaporware» is a term that's tossed about loosely, often
against cryptocurrency projects that have no clear use
case.
«The Central Bank is
against the legalization of this type of digital currency (that can be exchanged), since in this
case, citizens can start actively investing in
cryptocurrencies, not taking into account possible risks,» said Anatoly Aksakov, chair of the State Duma Committee for the Financial Market.
The IRS is vigorously pursuing its
case against Coinbase as it announces a «reporting gap» where only 0.2 % of Coinbase users reported a loss or gain on their
cryptocurrency transactions.
There's a reason that SBI has decided to go with XRP as its launch - token and that's that it's one of the only
cryptocurrencies that has been developed in line with a specific enterprise use
case and that — and this is important — it has been validated
against this use
case time and time again.
The accusation
against Bitfinex in this
case is that they are creating Tether units that are not backed by US Dollars in an attempt to use them to buy «real»
cryptocurrency like Bitcoin.
Throwing a tire into the dumpster fire was a preliminary injunction handed down yesterday by Judge Jack B. Weinstein, ruling
against a
cryptocurrency trading advice firm in a
case brought by the Commodity Futures Trading Commission.
Silver Miller prosecutes
cases against wayward
cryptocurrency exchanges and misleadingly presented crypto - investment offerings.