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Monthly Archives: November 2018

Bitcoin and Cryptocurrency Litigation

By Bruce L. Udolf, P.A. |

Bitcoin and other cryptocurrencies are gaining more attention as days pass. Aside from the advantages that cryptocurrencies have like anonymity and easy international transactions, people are enticed by the fact that it can become a good investment. Apart from trading bitcoins for cash, you can also use bitcoins to buy gift cards, book flights,… Read More »

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Arizona man sentenced for misusing $1.1 million in cryptocurrency

By Bruce L. Udolf, P.A. |

A man from Phoenix has been sentenced for misappropriating more than $1 million worth of cryptocurrencies, the first prosecution in Chicago of the cryptocurrency trading industry. Prosecutors say 24-year-old Joseph Kim worked as a trader at Consolidated Trading, LLC in Chicago, where he traded Bitcoin and Litecoin. Authorities say over two months in the fall… Read More »

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Over 1 Million Florida Felons Win Right To Vote With Amendment 4

By Bruce L. Udolf, P.A. |

In a key ballot initiative, Florida will restore voting rights to citizens convicted of certain felonies after they have served their sentences, including prison terms, parole and probationary periods, AP has projected. Voting rights will not be restored to those convicted of murder or felony sexual offenses. Approximately 1.5 million people are currently barred from voting… Read More »

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Two Goldman Sachs Bankers Charged In Malaysian Financial Scandal

By Bruce L. Udolf, P.A. |

The Justice Department has brought criminal charges against two former Goldman Sachs bankers and a Malaysian financier in connection with the financial scandal known as 1MDB, which involved the misuse billions of dollars in Malaysian government funds. In the indictment unsealed by a federal court Thursday, prosecutors accuse former Goldman Sachs banker Ng Chong Hwa and… Read More »

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