A federal jury convicted Las Vegas businessman Brent C. Kovar of fraudulently obtaining $24 million from at least 400 investors through a cryptocurrency investment scheme, according to federal prosecutors.
Kovar owned Profit Connect from late 2017 through...
The U.S. Securities and Exchange Commission has proposed Regulation Crypto Assets, a new framework designed to give certain crypto projects clearer rules for raising capital while keeping them within federal securities protections.
The proposal, released August 18,...
