Securities law applicable to the Crypto Fraud Cases

Securities law applicable to the Crypto Fraud Cases

The U.S. District Judge Raymond Dearie has ruled that a Brooklyn resident Maksim Zaslavskiy could be prosecuted for the violation of federal securities exchange act, accused in fraudulent ICOs. The individual generated $300,000 from the trade of REcoin and Diamond. The court rejected the requests filed by Zaslavskiy’s lawyers to dismiss the charges.

Leave a Reply

Your email address will not be published. Required fields are marked *