Cryptocurrency lawsuits triple in first half of 2018

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)

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

More by Steven Zheng