Legislation360, New York City (July 8, 2020, 4: 58 PM EDT)– A Pennsylvania guy billed with utilizing his cryptocurrency-focused escrow business to get $7 million from customers for bitcoin he never ever supplied is near a manage Manhattan government district attorneys to prevent test, according to a Tuesday court declaring.
Volantis Escrow System LLC manager Jon Barry Thompson, that was detained last summer season in the Keystone State and also launched on $500,000 bond, and also the Manhattan UNITED STATE lawyer’s workplace “anticipate to get to a personality of this issue”– most likely a guilty appeal– according to a letter from district attorneys.
” The celebrations anticipate to get to a personality of this issue and also professionally demand that the …
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Eleven months back, Alexey Andryunin made sure his company was not long for this globe.. A 22- year-old mathematics trainee from Moscow, Andryunin constructed a company blowing up profession quantities in obscure crypto symbols released throughout the 2017 first coin offering (ICO) fad. In a head-turning meeting CoinDesk released last July, Andryunin openly defined the […]
Blockstack, the Bitcoin-based Ethereum rival, has actually come one action more detailed to making its Stacks symbols tradable on United States crypto exchanges. Blockstack PBC, the SEC-registered firm, today submitted a notification with the SEC describing its strategies to decentralize its network by handing over 100 million STX symbols ($23 million) to the Stacks Structure, […]