On September 13, 2021, New York Attorney General Letitia James announced the entry of a default judgment against crypto platform Coinseed and its CEO. The default judgment includes broad injunctive relief against Coinseed’s future operations in New York state. The case is one of many that regulators have recently brought against crypto trading platforms.
Continue Reading New York AG Obtains Default Judgment Against Crypto Platform

On July 12, 2018, a federal judge of the U.S. District Court for the Eastern District of New York reaffirmed its view that cryptocurrency fraud is subject to the U.S. Commodity Futures Trading Commission’s anti-fraud and anti-manipulation enforcement authority.
Continue Reading U.S. District Court Reaffirms CFTC’s Authority over Cryptocurrency Fraud

On July 11, 2018, in an emergency cease and desist order, the Texas securities commissioner took action against several individuals and affiliated companies based in Utah to halt the offering of unregistered cryptocurrency mining investments to Texas residents.
Continue Reading Texas Shuts Down Offering of Interests in Cryptocurrency Mining Businesses