Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale – TechCrunch

Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain. The move from the SEC follows the continued dissolution of the corporate alliance that was supporting Facebook’s…

Alleged EtherDelta hacker in federal court over $1.4M cryptocurrency plot

Alleged hacker Anthony Tyler Nashatka, also known as “psycho,” faced US federal court today over a plot to steal $1.4 million worth of cryptocurrency from users of token exchange EtherDelta. Authorities charged Nashatka, alongside his alleged accomplice Elliott Gunton, with counts of conspiracy to commit computer fraud and abuse, wire fraud, aggravated identity theft, among others.…