A U.S. Judge has shown some sympathies to Robert B. Ladd, the CEO of Bitcoin mining firm MGT Capital Investments, over an alleged $27mn pump-and-dump scheme. District Judge Edgardo Ramos said that the SEC had failed to provide sufficient evidence that Ladd had violated securities laws. However, the Commission had successfully demonstrated his role in “aiding and abetting” the scheme. The Case Against Bitcoin Miner CEO Judge Ramos tossed out the SEC’s claims that Ladd […]
