Legal

New IRS Warning Letters Target Crypto Investors Who Misreported Trades
The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.

Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT
A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering.

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion
The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security
Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

WATCH: Ted Livingston Discusses Kik's Response to the SEC
Kik CEO Ted Livingston discussed his company's legal fight with the SEC on CoinDesk Live last week.

SEC Delays Decisions on 3 Bitcoin ETF Proposals
The SEC has delayed making a decision on three different bitcoin ETF proposals until Sept. 29 at the earliest.

Derivatives Drama: The Unintended Consequences of Crypto Regulation
Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends.

Australian Police Charge 5 Over $1.8 Million Cryptocurrency Scam
Five people have been charged in Australia over a cold-call cryptocurrency investment fraud that allegedly duped investors for over $1.8 million.

Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins
A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.

Cryptocurrency in China: Over the Counter, Under the Table
Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today.

