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Randall Crater, Founder of “My Big Coin” Sentenced
Randall Crater, the person responsible for operating the fraudulent scheme known as "My Big Coin," was given a sentence of one hundred months in prison and was ordered to make restitution payments totaling more than seven and a half million…
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are…
MakerDAO launches $5 million legal defense fund
MakerDAO will set up the Defense Fund with an initial 5 million DAI.
The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO participants.
Funds will be secured in a multisig wallet, with the…