Express

Key Report of E-Gold Case was Buried by US Officials in 2008

Jean Zheng

Summary: According to a petition filed by E-Gold’s former directors on Tuesday, the federal government unlawfully concealed a 2006 review from Florida's Office for Financial Regulation (OFR) which was crucial evidence in a 2008 landmark case so they "could make an example" out of E-Gold. The case has since shaped the cryptocurrency industry by extending the ...

According to a petition filed by E-Gold’s former directors on Tuesday, the federal government unlawfully concealed a 2006 review from Florida's Office for Financial Regulation (OFR) which was crucial evidence in a 2008 landmark case so they "could make an example" out of E-Gold.

The case has since shaped the cryptocurrency industry by extending the definition of "money transmitter" in the U.S. to include any system that stored and transferred value.

by Jean Zheng

Last Update:

Tags: ,,
Link: Key Report of E-Gold Case was Buried by US Officials in 2008   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago

    • You need to login to comment.