Crypto Mining Firm CEO Disappears With $35M USD In Investor Funds

Crime, News | July 31, 2018 By:

Le Minh Tam, chief executive of Vietnam-based crypto mining startup Sky Mining, has reportedly disappeared with investor funds totaling about $35 million.

Local news outlet VNExpress reported that about 20 investors complained to local police in the Phú Nhuận District after learning that Sky Mining had shut down its main office and removed all branding from its building.


Dubai To Use Blockchain To Improve Court System

Blockchain, News | July 31, 2018 By:

The Dubai International Financial Center Courts (DIFC), a court system dealing with civil and commercial disputes, is planning to create the “first blockchain court” to streamline legal operations.

The DIFC announced on Monday that it will be partnering with the government-backed Smart Dubai initiative to create a joint taskforce that will explore how to aid verification of court judgments for cross-border enforcement.