Judge Lets Cryptocurrency Fraud Case Go Forward, In Win for SEC

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Regulators scored a victory in their crackdown on cryptocurrency crimes as a judge ruled that initial coin offerings are subject to U.S. securities-fraud laws.

Judge Raymond Dearie ruled on Tuesday that Maksim Zaslavskiy would need to stand trial on fraud charges related to ICOs, rejecting the Brooklyn businessman’s effort to have the case tossed out.

The…

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