The U.S. Securities and Exchange Commission (SEC) has filed sweeping charges against the founder of PGI Global—a company accused of orchestrating a $198 million fraud involving cryptocurrency, forex trading, and deceptive membership packages. This case stands as one of the most striking examples of how unregistered crypto investment programs can evolve into full-fledged Ponzi schemes.
As Pakistan’s leading cryptocurrency legal advisor, Shahid Jamal Tubrazy is recognized as one of the most respected authorities in global crypto law, fintech regulation, blockchain compliance, and digital-asset dispute resolution. With exceptional academic qualifications, international case experience, and extensive legal authorship, he has played a significant role in shaping the legal landscape of digital assets across various jurisdictions.
Blockchain Law Dispute Resolution Mechanisms” is a comprehensive and analytical guide to the rapidly evolving legal landscape surrounding blockchain technology. As blockchain systems reshape global industries—from finance and supply chains to digital identity and decentralized governance—the need for effective legal frameworks and dispute resolution models has become more critical than ever.
The cryptocurrency sector has once again been confronted with a cautionary tale of misused investor funds, false promises, and aggressive regulatory action.
The U.S. Securities and Exchange Commission (SEC) has charged Richard T. Kim, the former CEO and founder of Zero Edge, with defrauding investors by diverting approximately $3.7 million intended for a blockchain-based online casino into personal crypto trading, gambling, and non-business expenses.
Cryptocurrency exchanges play a pivotal role in the digital asset ecosystem, facilitating billions in daily transactions. However, their involvement in scam recovery remains a contentious legal issue. As crypto fraud rises, victims increasingly demand accountability from exchanges. But what legal responsibilities do these platforms have in aiding scam recovery? This article explores their obligations, challenges, and evolving regulatory frameworks.
According to the SEC’s complaint, Unicoin orchestrated a $100 million securities offering fraud, misleading investors through the sale of “rights certificates” falsely marketed as asset-backed crypto tokens.
The recent dismissal of the SEC lawsuit against Coinbase marks one of the most defining legal moments for the U.S. crypto industry. The Securities and Exchange Commission had long alleged that Coinbase operated as an unregistered securities exchange, broker, and clearing agency, intensifying regulatory uncertainty across the digital assets market.
In the ever-evolving world of cryptocurrency, where decentralization offers both opportunity and risk, an alarming number of scams are preying on victims desperate to recover their lost funds. Many individuals who have suffered losses seek ways to reclaim their stolen or misplaced digital assets, only to fall into the hands of fraudulent recovery services.
“Hello, I can help recover your stolen funds. I work with blockchain forensic teams. I’ve helped many victims. Just a small fee and we’ll start the process.”
The recent $1.5 billion Bybit hack has shaken the global cryptocurrency industry, raising urgent questions about exchange security, regulatory oversight, and the growing threat of state-sponsored cyber-attacks. As a crypto lawyer operating across multiple jurisdictions, I will break down the legal, compliance, and cybersecurity implications emerging from this unprecedented event.
