The organizer of two ICOs in the USA, a native of Ukraine Maxim Zaslavsky was found guilty of fraud by a New York court and sentenced to 1.5 years in prison. For the first time, a court in the US has set a realistic deadline for an ICO scammer.
The Chinese state channel CCTV-1 spoke about cryptocurrencies as “trading in unregistered securities, fraud and financial pyramids.”
The US Securities and Exchange Commission (SEC) decided to review its refusal by Bitwise Asset Management and the NYSE Arca platform to launch a Bitcoin ETF. The regulator asks them to send their comments on applications before December 18.
German startup Northern Bitcoin has entered into a merger agreement with Whinstone US to build a giant 1 GW mining farm in Texas by 2020 with an area of 57 football fields.
The Visa research unit will develop a distributed LucidiTEE registry that can be used to securely exchange personal data of bank customers and protect against insider drain and fraud.
The Central Bank of Japan engaged in research in the field of digital currencies, but Central Bank Chairman Haruhiko Kuroda stressed that while his institution does not plan to issue any virtual assets. He also said that the Central Bank does not approve the issue of private stablecoins.
Swede Roger Nils-Jonas Karlsson detained in Thailand and extradited to the United States on charges of organizing a fraudulent ICO Eastern Metal Securities. The fraudster appropriated investors' funds for $ 11 million and bought property in Thailand on them. He faces 20 years in prison and a $ 700,000 fine.
The representative of the largest bank in Canada, Royal Bank of Canada, denied rumors about the upcoming launch of the cryptocurrency exchange.
Monero cryptocurrency developers have warned that over the past 24 hours, CLI binaries that can be downloaded from getmonero.org may have been hacked and compromised. It is recommended to check the integrity of files downloaded in the last day. If the hashes do not match, you cannot run the downloaded file. If the files were launched, you must immediately transfer all funds from wallets that were opened by potentially infected programs to a secure Monero wallet.
The LocalEthereum P2P platform rebranded, changing its name to LocalCryptos, as it plans to expand the list of supported cryptocurrencies and compete with LocalBitcoins. The platform has already added the ability to trade bitcoins, and in the near future EOS, DASH, Litecoin and various Ethereum tokens will appear.
LongHash analysts criticized a study by professors John Griffin and Amin Shams about manipulating Tether at the price of bitcoin through the Bitfinex exchange. According to their study, the purchasing power of the USDT showed an inverse correlation with the price of bitcoin during the 2017 bull rally.