Blockchain Firm Veritaseum Calls for Assets to Be Unfrozen in SEC Response

Veritaseum has officially responded to the SEC’s claims it sold illegal securities and called for its funds to be unfrozen to protect investors. Source link

Dark Web Drug Dealer to Forfeit Millions of Dollars in Illicit Crypto Earnings

A man has been sentenced in San Diego, California, for conspiring to sell opioids and other drugs over dark web markets for cryptocurrencies.  Source link

Judge Blasts Craig Wright’s Evidence, ‘Inconsistent’ Testimony in Kleiman Trial

The judge overseeing the ongoing lawsuit against Craig Wright, who claims to have invented bitcoin, shot down a motion challenging the court’s jurisdiction over the suit. Source link

New IRS Warning Letters Target Crypto Investors Who Misreported Trades

The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions. Source link

Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering. Source link

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX. Source link

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security. Source link

SEC Delays Decisions on 3 Bitcoin ETF Proposals

The SEC has delayed making a decision on three different bitcoin ETF proposals until Sept. 29 at the earliest. Source link

WATCH: Ted Livingston Discusses Kik’s Response to the SEC

Kik CEO Ted Livingston discussed his company’s legal fight with the SEC on CoinDesk Live last week. Source link

Derivatives Drama: The Unintended Consequences of Crypto Regulation

Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends. Source link