SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme
The United States Securities and Exchange Commission said Green United’s operation was a fraud, with the community quick to quell fears of the SEC classing crypto mining as a security.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The United States Securities and Exchange Commission said Green United’s operation was a fraud, with the community quick to quell fears of the SEC classing crypto mining as a security.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tether’s mining development kit gets backing from 15 mining firms
Tether's MDK initiative could revolutionize Bitcoin mining by fostering interoperability and automation, potentially reshaping ind...
CoinDCX Confirms $15.99M USDT Loss After Failed Sweep Hit Old Crypto Wallets
Key Takeaways: CoinDCX announced a $15.99M USDT loss from the old wallet infrastructure in the last contaminated security event im...
US allows vetted private firms to counter North Korean crypto theft
The inclusion of private firms in countering North Korean crypto theft could enhance cybersecurity measures but raises compliance...
South Korea Weighs Fourth Delay of Crypto Tax, With 2029 Start Tied to U.S. Data Sharing
Bitcoin Magazine South Korea Weighs Fourth Delay of Crypto Tax, With 2029 Start Tied to U.S. Data Sharing South Korea’s presidenti...
New York Seeks $1.3 Billion From NovaTech Founders In Crypto Fraud Case
TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 mil...
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...