Utah Judge Rejects Appeal in $18M Crypto Fraud Case Against Promoter

Quick Summary:

On November 26, Judge Ann Marie McIff Allen ruled there was no substantive basis for Krohn’s appeal against her earlier decision to allow the U.S.

This case underscores increasing regulatory scrutiny of fraud within the cryptocurrency sector.

Wright Thurston, the founder of Green United LLC, has also filed a motion to dismiss the case.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: News Hack

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 08:52:49 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 319 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23903879

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #112

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