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Tag: Cryptocurrencies

Ex-Big Law Partner Found Guilty in Cryptocurrency Fraud Trial

Ex-Big Law Partner Found Guilty in Cryptocurrency Fraud Trial

News
The former Locke Lord partner was one of the defendants in a lawsuit targeting individuals involved in the fraudulent cryptocurrency scheme OneCoin.

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Blockchain Alliance Reaches 100 Members

Blockchain Alliance Reaches 100 Members

News
Steptoe & Johnson LLP announced that the Blockchain Alliance, a public-private forum to combat criminal activity involving cryptocurrencies and blockchain technology, has grown to include 100 industry and government agencies in 19 countries.

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Former Locke Lord Partner Indicted on Charges Related to Alleged Cryptocurrency Ponzi Scheme

Former Locke Lord Partner Indicted on Charges Related to Alleged Cryptocurrency Ponzi Scheme

News
According to the indictment, Mark S. Scott was part of a conspiracy to conceal the source of $400 million in process from an alleged pyramid scheme involving a purported cryptocurrency, OneCoin.

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Seizures, Regulatory Scrutiny Follow Cryptocurrency Hype

Seizures, Regulatory Scrutiny Follow Cryptocurrency Hype

News
State and federal authorities are picking up the pace of investigations into cryptocurrency markets, digital investment promotions and so-called initial coin offerings.

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Cryptocurrency Tax Webinar Covers New IRS Scrutiny on Reporting

Cryptocurrency Tax Webinar Covers New IRS Scrutiny on Reporting

Insight
As cryptocurrency has received attention from mainstream media, some investors and traders have made huge profits and some are now experiencing large losses.

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SEC Halts Dallas-Based Bank’s Cryptocurrency Sale – But Not Before It Says It Raised $600 Million

SEC Halts Dallas-Based Bank’s Cryptocurrency Sale – But Not Before It Says It Raised $600 Million

News
The Securities and Exchange Commission has halted the sale of AriseCoin, saying it was all part of a more straightforward, old-fashioned investment scam, according to The Dallas Morning News.

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When Smart Contracts are Outsmarted: The Parity Wallet “Freeze” and Software Liability in the Internet of Value

When Smart Contracts are Outsmarted: The Parity Wallet “Freeze” and Software Liability in the Internet of Value

Insight
The recent Parity wallet “freeze” provides an example of a coding vulnerability in a smart contract resulting in an exploit that compromises cryptocurrency worth millions, according to Proskauer Rose LLP.

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