Legal

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt
Chinese crypto media firms are boycotting a blockchain event after the organizer used a Chairman Mao impersonator to fire up the audience.

Alabama Securities Watchdog Hits 3 ICOs with Cease-and-Desists
The U.S. state of Alabama has issued cease-and-desist orders to three ICOs that were allegedly soliciting residents with unregistered securities.

ShipChain Pushes Back Against Securities Violations Claims
In a statement, ShipChain said it did not violate securities laws or offer its token for sale in South Carolina.

US Department of Justice, CFTC Probe Crypto Market Manipulation: Report
The U.S. Department of Justice is reportedly investigating cryptocurrency traders who may have manipulated the markets using old-school tricks.

China Prosecutes 98 Over Alleged $2 Billion OneCoin Pyramid Scheme
China has prosecuted nearly 100 individuals said to be involved with locally operating the OneCoin cryptocurrency scheme.

South Carolina Sanctions Startup Over Unregistered Token Sales
South Carolina securities regulators have ordered ShipChain to cease selling its tokens within the state.

India's Supreme Court to Hold Crypto Lawsuit Hearing in July
The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.

CFTC Issues Guidance for Firms Offering Cryptocurrency Derivatives
The U.S. Commodity Futures Trading Commission has released new guidance for companies issuing cryptocurrency derivatives products.

Taiwan Eyes Blockchain Growth with New Parliamentary Alliance
Taiwanese lawmakers have announced the formation of a parliamentary group aimed to foster the nation's emerging blockchain sector.

China State TV: Token Sales Still 'Rampant' After Central Bank Ban
China's highest-level state media outlet has said token sales are still common in the country despite a 2017 ban.

