Legal

6 Big Takeaways from SEC Chair Clayton's Crypto Remarks
Following SEC Chairman Jay Clayton's fireside chat at Consensus: Invest, we invited three crypto law experts to unpack what was said.

Bitmain Faces $5 Million Lawsuit Over Alleged Unauthorized Crypto Mining
Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm.

Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin
Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses.

Norway Ends Power Tax Subsidy for Bitcoin Miners
The Norwegian government has scrapped a subsidy on electricity tax for cryptocurrency miners in its state budget, a report says.

There Is No 'Bitcoin': What the SEC Doesn't Get About Cryptocurrency
The SEC would like to establish jurisdiction over crypto assets but this is only appropriate where there are legally enforceable contracts between legal entities, argues Edan Yago.

Amended Suit Against Coinbase Details Bitcoin Cash Insider Trading Claims
Plaintiffs have explained how they believe Coinbase allowed insiders to unfairly profit from its rollout of bitcoin cash last December.

Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator
Colorado's securities watchdog has issued four more cease-and-desist orders against suspect ICOs, taking its total since May to 18.

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation
The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.

Russian ICO That Impersonated Bank Hit With Cease-and-Desist
North Dakota has issued a cease-and-desist against a Russia-based ICO for copying a bank's website to promote "potentially fraudulent securities."

Alabama: The Unlikely Frontline for America's Crypto Fraud Crackdown
Alabama's securities agency has led the way on enforcement against ICO fraudsters, using investigation techniques pioneered chasing gun runners.

