Volt Inu ($VOLT) recorded a new market pump as the team made several new announcements regarding its ecosystem development. As a result, the token has seen a surge in activity on exchanges, reaching the top trends on Twitter and many of the 100+ exchanges they are listed on. The team's latest announcements add a new dimension to the VOLT ecosystem with developments like Voltiflex and rumors about an upcoming burn worth $10,000,000+ at least. The market reacted positively to the…
US Court
Tether Agrees to Provide Documents Proving USDT Asset Backing
Tether – the issuer of the world’s largest stablecoin, USDT – is once again being pressured to demonstrate the quality of its reserves. On Tuesday, the company was ordered by a U.S. court in New York to provide detailed financial documents for evaluating claims around the asset’s backing. An ‘Extraordinary’ Request The order is part of an ongoing 2019 lawsuit claiming that Bitfinex and Tether conspired to inflate Bitcoin’s price by pumping the market with unbacked Tether tokens. At the…
5 months ago 
1.2 k views
The ICOBox Dalliance with Unregistered Securities Sales Earns it a $16M Fine
A court in the US has ruled in favour of the SEC in a case it had filed against ICOBox and its founder cum CEO Nikolay Evdokimov. Reports indicate that The District Court of the Central District of California granted the U.S. SEC’s motion for default judgement against the defendants. The case first came before the court in September of last year. In its filing, the SEC accused ICOBox of hosting an unregistered securities sale. Further, it alleged that the…
3 years ago 555 views
