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His federal court appearance is scheduled for Oct. They are due to be sentenced next Wednesday at Norwich Crown Court.
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Auction image via Shutterstock. Teen hacker Police seized the funds from year-old Elliott Gunton in , following a routine check of his computer related to his sentence for hacking into the telecommunications giant TalkTalk, in Crypto caper The scheme took place over seven days in December and comprised several steps.
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In the report, they specifically noted that they would be focusing their efforts on regulating ICO tokens that are being offered to investors as unregistered securities, and have recently shut down multiple platforms, including TokenLot , that are offering these products to investors without receiving the proper licensing. The charges against Coburn likely signal that more cases against unlicensed cryptocurrency exchanges, especially those offering tokens resulting from ICOs, are to come in the near future as the SEC moves to regulate the cryptocurrency industry.
Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
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