While the crypto community is rightfully focused on the Ripple case to see how the SEC will fare in court on enforcements alleging cryptocurrency offerings are a security, a.
Securities and Exchange Commission filed a complaint against LBRY, Inc.alleging that LBRY violated the Securities Act of 1933 by offering and selling unregistered securities when it sold LBRY Credits to numerous investors in the U.S. without registering with the SEC.
The U.S. Securities and Exchange Commission scored a win in a case accusing a blockchain outfit of selling unregistered securities when a New Hampshire federal judge rejected the company's claim it was the victim of selective enforcement.
Monadnock Ledger-Transcript
Published: 5/24/2018 8:19:49 AM
A former U.S. Marshals’ Fugitive of the Week arrested in Jaffrey in March will serve 24 months in federal prison, according to court documents.
James M. Porter, Jr., 47, was committed to the Federal Bureau of Prisons on May 2 following a revocation judgment by US District Court Judge Paul J. Barbadoro. Porter will also serve six months of supervised release after his incarceration and be required to pay an outstanding $31,466.02 restitution balance.
Special conditions of his supervised release say Porter will be required to participate in an inpatient or outpatient substance abuse treatment program.
Porter’s federal warrant stemmed from a 2011 conviction where he was found guilty of interstate transportation of stolen goods. On Jan. 24, 2011, Porter was sentenced to 30 months in prison, followed by three years of supervised release. He was also ordered to pay $31,736.02 in restitution and was recommend