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U.S. prosecutors get indictment against Wikileaks founder Assange: court document

“WASHINGTON (Reuters) – American prosecutors have obtained a sealed indictment against Wikileaks founder Julian Assange, whose website published thousands of classified U.S. government documents, a U.S. federal court document showed on Thursday” writes Midwest Communications Inc for 95kqds.com. U.S. officials had no comment on the disclosure in the document about a sealed indictment of Assange, the charges facing whom are unclear.The document is part of an unrelated criminal case involving a 29-year-old man charged with enticing a 15-year-old girl.U.S. officials have previously acknowledged that federal prosecutors based in Alexandria have…

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US and China rivalry for supremacy goes way beyond trade, says founder of world’s largest hedge fund

“Alleging a myriad of unfair trade practices, Trump initiated tariffs in March to pressure China to change its ways” writes Matthew J for cnbc.com. “It’s basically a top-down versus a bottom-up type of approach,” said Dalio, whose China unit of Bridgewater last month launched its first onshore Chinese investment fund.”The trade war, I think, can be worked out,” the billionaire investor Dalio said in a “Squawk Box” interview on CNBC. But he argued the conflict goes “way beyond the trade war.”.  Source: cnbc.com Share This:

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SEC, EtherDelta founder settle charges over operating unregistered exchange

“(Reuters) – The U.S. Securities and Exchange Commission (SEC) said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange” writes Min Read for reuters.com. The vast majority of the orders placed through EtherDelta’s platform were traded after the SEC had issued its 2017 report, in which the agency concluded that certain digital assets were securities and that exchanges that offered trading in these digital assets would be subject to the SEC’s registration rules.EtherDelta offered trading of various…

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Crypto News Platforms 

EtherDelta founder faces raps over unregistered securities exchange

“The U.S. Securities and Exchange Commission (SEC) has charged the founder of crypto trading platform EtherDelta with running an unregistered securities exchange, in the latest example of the regulator taking direct enforcement action against those who flout securities law” writes Ed Drake for coingeek.com. As a result, founder Zachary Coburn now faces charges from the commission which could carry criminal sanctions. The case comes at a time of increasing interest from the SEC in clamping down on unregulated exchanges and those operating outside of U.S. securities law.The SEC has been…

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Crypto Markets News 

Crypto Market Dips After the SEC Charges the Founder of EtherDelta

“Over the last 24 hours, the crypto market has slipped as investors were given a swift reminder of the ongoing regulatory risks facing the new industry” reports sludgefeed.com. According to the announcement, more than 3.6 million orders for ERC-20 tokens have been executed on EtherDelta, including tokens that are securities under the federal securities laws.The cryptocurrency market has slipped in recent trading after the SEC came out Thursday to announce that it has charged Zachary Coburn, the founder of decentralized exchange (DEX) EtherDelta, with operating an unregistered exchange.The AltDex 100 Index (ALT100), a benchmark index…

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Your Crypto Week in Data – November 5-9

“For decentralized exchange Etherdelta it stopped at founder Zachary Coburn, who has been fined $388,000 by the SEC for operating an unregistered securities exchange” writes Guillermo Jimenez for decryptmedia.com. The SEC report indicated the exchange has processed more than 3.6 million trades over an 18-month period.Those who use crypto wallet Blockchain.com will receive even shares of a massive 480 million XLM airdrop, worth $125 million. Source: decryptmedia.com Share This:

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SEC Charges EtherDelta Founder with Operating Unregistered Securities Exchange

“The US Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of digital token trading platform EtherDelta, with operating an unregistered exchange” writes Joshua Morris for livebitcoinnews.com. According to an official announcement published earlier today, the SEC has charged Zachary Coburn, the owner of cryptocurrency and token trading platform EtherDelta, for operating an unregistered national securities exchange.The watchdog has hence found that Coburn caused the platform to operate as an unregistered national securities exchange.However, the founder of EtherDelta is neither admitting to nor denying anything, leaving the investigation…

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Keydata founder Ford says he might appeal $100 million fine

“LONDON (Reuters) – Stewart Ford, founder of now-defunct “death bonds” firm Keydata, said on Wednesday he might seek an appeal after losing a battle against Britain’s markets regulator over a record 76 million pound ($100 million) fine” writes Midwest Communications Inc for 95kqds.com. Regulators shut down Keydata, a structured product provider that promoted Luxembourg-issued bonds backed by life settlement portfolios – second-hand life insurance policies dubbed “death bonds” – amid concerns about how it marketed its products. Source: 95kqds.com Share This:

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