Las Vegas Resident Accused of Defrauding Investors of $45 Million in Virtual Reality Project Scheme

A Las Vegas resident has been accused of defrauding more than 10,000 investors of $45 million who believed they had invested in a virtual reality project. The U.S. Department of Justice has accused a Las Vegas resident of defrauding investors of a total of $45 million. The DOJ published the ch ...

SEC Fines Coinme and Up Global for Misleading Investors in UpToken ICO

The U.S. Securities and Exchange Commission (SEC) fined two companies at once, Coinme and Up Global, in the case of the initial coin offering of the cryptocurrency asset UpToken. Commission claims Coinme and Up Global misled investors during 2017 ICO. Regulator insists: C ...