Silver Miller Files Lawsuit Against Coin Signals Owner For Crypto Fund Fraud

Crime, News | December 28, 2018 By:

Crypto-focused law firm Silver Miller has filed a federal court lawsuit against Jeremy Spence for allegedly orchestrating a crypto Ponzi scheme.

The lawsuit, filed at the Court of the Southern District of New York on behalf of investors, alleges that Spence sold investments in a series of fraudulent hedge funds through a sham entity he named Coin Signals.

 Read more  »

South Korean Authorities Arrest Nine Darknet Drug Dealers For Selling Narcotics With Crypto

Crime, News | December 26, 2018 By:

South Korean authorities have arrested nine drug dealers who allegedly sold narcotics via a hidden online space using cryptocurrency.

On December 23, the Seoul Central District Prosecutors’ Office said that the suspects were using a drug trafficking site on the darknet. The suspect to whom the website is registered has been identified by the surname Shin.

 Read more  »

AriseCoin Backers Fined $2.7M And Barred From Digital Securities Offers

Crime, Investing, News, Regulation | December 12, 2018 By:

Two former executives behind an allegedly fraudulent initial coin offering (ICO) that was stopped by the Securities and Exchange Commission earlier this year have been ordered in federal court to pay nearly $2.7 million and prohibited from serving as officers or directors of public companies or participating in future offerings of digital securities.

 Read more  »

ICO Scammer Pleads Guilty To Defrauding Investors

Crime, News | November 16, 2018 By:

Maksim Zaslavskiy, who is charged in the first fraud prosecution involving initial coin offerings (ICO), has pleaded guilty to defrauding investors.

Zaslavskiy was charged last year with promoting ICO tokens backed by investments in real estate and diamonds that didn’t actually exist. Zaslavskiy reportedly raised at least $300,000 in two ICO tokens –

 Read more  »