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06/28/2024
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By Richard Brown
New law grants U.S. president power to block access to all digital assets
A recent enactment in the United States has given the president unparalleled authority to curtail access to digital assets, triggering significant concern over its wide-ranging implications and potential impact on users. Scott Johnsson, a prominent figure in the digital assets field, voiced strong criticism of the law’s expansive reach on June 6, expressing: “It’s difficult […]
03/04/2022
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By Ramon Tomey
Off the radar: Indicted BitConnect founder Satish Kumbhani disappears
The founder of a cryptocurrency company linked to a billion-dollar Ponzi scheme is nowhere to be found. Satish Kumbhani reportedly disappeared following his indictment over an alleged $2.4 billion Ponzi scheme. The Securities and Exchange Commission (SEC) acknowledged the BitConnect founder’s disappearance in a Feb. 28 filing. Senior trial counsel Richard G. Primoff wrote in the filing […]
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