Forex Litigation

OneCoin, a trading society that was, until recently, active on the market, with one of it’s cofounders on the run from police, while the other sits in prison, have both been found guilty of fraud and money laundering. A story with a thousand implications, this is the story at the center of an exci...

After the sentence that condemned PlexCorps to repay its investors, the Securities and Exchange Commission is ready to organize the distribution of the money seized. The ICO (offering of initial coins) launched by PlexCorps since 2017, was judged fraudulent in the final sentencing on October 2nd, 20...

With the aim of protecting small investors, the European Securities and Markets Authority (ESMA) has temporarily banned the marketing, trading and selling of binary options. The decision was made after European national authorities, and in application of the Mifid II directives, identified that bina...

The Venice Forex Investment group trial has begun in Pordenone, accused of having only partially focused on Forex market investments with customers’ money and having pocketed the rest. On Saturday, February 16, at the Aldo Moro cultural center in Cordenons (Pordenone), the Venice Forex Investm...

In the policy update released in spring 2018, Google announced that it would prohibit all apps that allow binary options trading. Google routinely updates the rules of its store, Google Play Store, at short intervals to ensure the safety of users and to monitor content. The above update affected fin...

A Japanese court ruled that Mt. Gox, the once-powerful Bitcoin exchange, should exit bankruptcy proceedings, thus sparking hope for repayment for former customers who may finally receive refunds. After an alleged cyber attack in February 2014, Mt. Gox was crippled after losing an estimated €460 mi...

Can cryptocurrency increase social capital? An Italian court doesn’t deny the possibility but has been resistant to embrace it to the fullest extent and create legislation to regulate it. The Sentence In July of this year, by decree number 7556/2018, the Court of Brescia rejected an appeal by an S...

While the world observes the diminishing value of many cryptocurrencies, a key sector in the digital asset market continues to reap profits at a dramatical rate. After values skyrocketed beyond market expectations, many cryptocurrencies have suffered severe depreciation. However, some of these curre...

After the decisive arrest by the United States in September 2017, several hearings followed during the awaited trial date of Lee Elbaz, former CEO of the Israeli Forex company, Yukom Communications. Charged for her role in fraudulent binary options scheme, Elbaz faces trial in Maryland on January 7t...

Unetenet trial in Spain For Years, creators Ramirez and Otero of the multi-level marketing scheme Unetenet have relied on trust from investors throughout the world, convincing them of the credibility of their project. However, since 2015, it stands true that not all that glitters is gold. After a th...