Riot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders. New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30. The plaintiffs claimed that Riot had made false and misleading statements…
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A federal prosecutor is fighting the release requests of two alleged scammers accused of operating a $722 million cryptocurrency-related Ponzi scheme. New Jersey federal prosecutor Craig Carpenito is fighting the request of two alleged crypto scammers to be released from a county jail amid the coronavirus pandemic. According to court documents filed with the United…
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A New Jersey lawmaker files a bill for new regulations in the virtual currency industry. The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. Assemblywoman Yvonne Lopez proposed the Digital Asset and Blockchain Technology Act on Feb. 20. The legislation would…
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