The crypto industry has a major problem with how trading volumes are reported to data aggregators like CoinMarketCap.com. Much of the volume is overstated for a variety of reasons, and complaints of “fake volume” permeate the industry. Numerous studies have been conducted that document the “fake” level and disclose the reasons for such misrepresentations, but…
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The wheels of justice can turn awfully slowly at times, but eventually significant precedents are constructed, which can enable a torrent of lawsuits to follow where losses have been excessively harsh. Such is the case in the world of Initial Coin Offerings (ICOs), or so it seems, according to a recent court filing in the…
Read moreWhen it comes to regulations on cryptocurrencies, governments and central banks around the world have been almost equally tight on what is "allowed" and what not. The SEC is also making changes to the crypto industry and the taxes related to owning digital currencies, treating them as assets. Now, one very special group of entities…
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