Tagged: mbc

CFTC Comments on My Big Coin Ruling and Determination CFTC Has Jurisdiction in Oversight of Virtual Currency

Gavel Court Legal Trial Law rawpixel unsplash

October 3, 2018 @ 1:38 pm By JD Alois |

Last week, CI reported on a court ruling where the Judge determined the Commodity Futures Trading Commission (CFTC) has jurisdiction in the case of My Big Coin Initial Coin Offering (ICO). The statement by the court will have ramifications for other actions pertaining to ICO… Read More

Read more in: Blockchain & Digital Assets | Tagged cftc, enforcement, james mcdonald, mbc, my big coin

Judge Rules that CFTC Has Jurisdiction in Case Against My Big Coin ICO & Allegations of Fraud

September 27, 2018 @ 3:33 pm By JD Alois |

In January 2018, the Commodity Futures Trading Commission (CFTC) leveled allegations of fraud and misconduct against My Big Coin, an initial coin offering (ICO) that was said to fleece $6 million from investors. My Big Coin fought back when defense counsel said the CFTC had… Read More