Cryptocurrency lawsuits triple in first half of 2018

MarketsSeptember 17, 2018, 9:33AM EDT
UPDATED: September 17, 2018, 2:14PM EDT
Cryptocurrency lawsuits triple in first half of 2018
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According to a report legal-analytics firm Lex Machina,there were 45 cryptocurrency-related lawsuits in the first two quarters of 2018. For all of 2017, the number of lawsuits involving bitcoin, cryptocurrencies, or blockchain was 15. Some major lawsuits involved high-profile firms such as Ripple Labs, Bitconnect, and R3. The crackdown comes at least in part due to new SEC chair Jay Clayton, whose agency is behind 1/3 of the suits. (Source: CCN)