Archive | reports

132 Customers File Class Action Lawsuit Against Coincheck

This week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the […]

Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires

Just recently news.Bitcoin.com reported on the company Metropolitan Bank Holding Corp (NYSE: MCB) allegedly ceasing international cryptocurrency transfers. The bank is well known for being called the “Bitcoin Bank” and responded today to “erroneous statements” made by the media. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Various Reports State the ‘Bitcoin Bank’ Allegedly […]

Two U.S. Senators Submit a Bill to Investigate Digital Currencies

Following the recent ransomware fiasco and multiple traders from a variety of U.S. states arrested for bitcoin related money laundering charges two senators have introduced a new bill to regulate these activities. The legislation submitted last week aims to classify bitcoin as a monetary instrument in the 2017 ‘Money Laundering, Terrorist Financing, and Counterfeiting Act.’ […]