FBI Seeking Potential Victims of BitConnect to Assist Investigation

news If you invested in the proprietary token offered by the now-defunct crypto exchange BitConnect, the FBI wants to hear from you. In a notice on its website Wednesday, the federal law enforcement agency said those who invested in the BitConnect coin (BCC) token can voluntarily reach out to the agency by filling out a questionnaire. The…

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

news Venezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week, addresses a number of actions taken by the U.S. in recent years, claims that the country is infringing on Venezuela’s rights under the General…

New York Forms Blockchain Study Task Force, Hints at BitLicense Update

news New York State is officially launching a cryptocurrency task force aimed at helping the state understand cryptocurrencies and their underlying blockchain technology. Governor Andrew Cuomo signed a bill last month creating the task force to study cryptocurrencies, other forms of digital currency and blockchain technology, according to a press release issued Wednesday by the bill’s…

The Cost of Not Engaging Regulators

opinion Zachary Fallon and James Blakemore are securities law attorneys who lead Ketsal Consulting, a strategic advisory firm focused on blockchain compliance. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  If the top cryptocurrency story of 2018 was the arrival of winter, a close and inextricably intertwined second was regulatory oversight. The regulators are…

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

NEWS The U.S. Department of Justice (DOJ) is increasingly focusing a months-long investigation into crypto market manipulation on the tether stablecoin, a report says. Citing individuals familiar with the probe, Bloomberg reported Tuesday that the DOJ is looking into whether crypto exchange Bitfinex and Tether Ltd. have pushed bitcoin’s price up using the stablecoin. Specific…