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Bitclub Crypto Ponzi Scheme Suspects Petition Court For Release Citing Coronavirus Fears

Bitclub Crypto Ponzi Scheme Suspects Petition Court For Release Citing Coronavirus Fears

Two men accused of operating a crypto Ponzi scheme, the BitClub Network, which defrauded thousands of investors out of $722 million, have requested a New Jersey federal court to grant them a temporary release. The two prisoners have petitioned a New Jersey federal judge as they fear they could contract the coronavirus if they are not freed from the enclosed county jail environment.

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

The Delaware court has ruled that Ripple shareholder Tetragon will not be able to reclaim its Ripple equity in cash.

What Does the Japanese FinTech Landscape Look Like?

What Does the Japanese FinTech Landscape Look Like?

Tokyo, the capital of Japan has been ranked as one of the top 12 FinTech hubs in the world by Deloitte’s A tale of 44 cities: Connecting Global FinTech: Interim Hub Review 2017. The Tokyo Metropolitan Government (TMG) created policy outlines to form the city with the vision of an unrivaled global financial center.

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

Tokyo District Court Ordered Japan’s First Bitcoin Seizure

Tokyo District Court Ordered Japan’s First Bitcoin Seizure

The Tokyo District Court has set a legal precedent for the cryptocurrency industry in Japan, by issuing the first Bitcoin seizure.

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