![Meet the Hedge Fund Manager Cracking Down on Crypto Investment Fraud [INTERVIEW]](/sites/default/files/styles/news_item_image/public/news-introduction-images/xtimthumb.php%2Cqsrc%3Dhttps%2C3A%2C_%2C_cryptoslate.com%2C_wp-content%2C_uploads%2C_2018%2C_09%2C_btc-hedgefund-cover.jpg%2Caw%3D824%2Cah%3D298%2Caq%3D75.pagespeed.ic_.C-sf2iJErA.jpg?itok=VGXqDELo)
When Dan Neves started a hedge fund for cryptocurrency investors, he didn’t do it with the goal of helping the government crack down on fraud, but that’s exactly what he and his team are doing. Ironically, it started, with a cease-and-desist letter to his own company from the director of enforcement from the Texas State Securities Board, the same agency that took down BitConnect in January 2018.
Ripple was denied access to two major U.S. cryptocurrency exchanges, Coinbase and Gemini, due to regulatory concerns. The question as to whether to cryptocurrency is a security seems to underpin the issue.
According to Bloomberg, Ripple recently attempted to purchase access to cryptocurrency exchanges Coinbase and Gemini. If Ripple were listed on one of these U.S. exchanges, the price and liquidity would likely increase.
A member of the Venezuelan National Constituent Assembly has reportedly revealed that the assembly is preparing a reform to the country’s Constitution that includes a central bank for cryptocurrencies. This follows the Venezuelan government’s latest effort to tie the new bolivar currency to the petro.
ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor. It is the first university-sponsored program of its kind.
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.
In an open letter to the Internal Revenue Service (IRS), the U.S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes.
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers.
Presenting a United Front of Blockchain Companies to Work With Congress