- # fraud
The US District Court in California dismissed two fraud charges against Ripple, but allowed the plaintiff to appeal on different terms. However, the court gave the green light and considered that the plaintiffs could sue for violation of section 25401 of the Corporations Act.
US Commodity Futures Trading Commission (CFTC) on Thursday opened criminal cases against the four founders and executives of the BitMEX cryptocurrency exchange. Accusing them of not taking adequate measures to prevent money laundering through the exchange floor.