U.S. Securities Law Can Cover Cryptocurrencies

https://youtube.com/watch?v=BxedGv8yOWk According to Reuters, a New York federal judge ruled on Tuesday that U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings. The ruling allows federal prosecutors to pursue their case against Maksim Zaslavskiy. The Brooklyn resident was arrested in November on charges that he defrauded investors in two cryptocurrencies, violating the federal Securities Exchange Act. Regulation of virtual currencies is still in its early stages, and Congress has not passed any laws addressing it directly. http://feeds.reuters.com/~r/reuters/topNews/~3/gQE3UXcqddg/u-s-securities-law-can-cover-cryptocurrencies-judge-rules-idUSKCN1LR26Z Home This video was produced by YT Wochit News…

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