Latest from Cheyenne Ligon
SEC Sues Mobile Wallet Tech Firm Rivetz Over 2017 ICO
The SEC says Rivetz’ CEO used some of the money to award himself a bonus and buy a house in the Cayman Islands.

BitConnect’s Top US Promoter Pleads Guilty to Fraud Charge
Glenn Arcaro faces up to 20 years in prison for his role in the alleged $2 billion Ponzi scheme.

SEC Sues BitConnect Founder on Fraud Charges
The securities regulator also filed charges against a U.S.-based promoter and an affiliated company.

Playboy Is Minting NFTs on the ‘Art of Gender and Sexuality’
Fifty submissions for the brand’s first exhibition will be chosen in October.

The Postal Service’s Law Enforcement Arm Is Buckling Down on Crypto
A newly released USPIS internal audit recommends a crypto training program for investigators.

Former Obama Adviser Nominated to Run NYDFS
If confirmed by the New York State Senate, Adrienne Harris will take over for Linda Lacewell, who resigned earlier this month.

2 New Bills Ask CFTC to Clarify Crypto Regulation, Prevent Price Manipulation
Crypto-friendly congressman Darren Soto (D-Fla.) is the sponsor of both bills.

South Korea’s Top Financial Regulator Is Forming a Dedicated Crypto Bureau
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators, among other responsibilities.

AriseCoin Inventor Sentenced to 5 Years in Prison for Securities Fraud
Jared Rice Sr. pleaded guilty to duping investors out of more than $4 million.

SEC Official Calls Crypto Scams the ‘Flavor of the Year’
Scams involving celebrity endorsements of digital assets are becoming more common.

