Silver Miller to File Lawsuit Against US Trader

Jeremy Spence is alleged to be Coin Signals cryptocurrency related fraud creator
28 December 2018   495

Silver Miller, a law firm specializing in litigation in the cryptocurrency industry, filed a lawsuit against trader Jeremy Spence in a US federal court. The document says that Spence created the Coin Signals cryptocurrency pyramid.

As stated in a press release, Spence attracted investments under his hedge funds, claiming that he is a professional trader. At the height of his Coin Signals, he allegedly managed $ 5 million.

However, Silver Miller believes that Spence actually organized the classical financial pyramid, in which early investors received payments at the expense of later ones, and no hedge funds have ever existed.

Note that in the portfolio of Silver Miller lawsuits against Coinbase, Kraken, Bitconnect and Cryptsy are present.

Earlier it became known that the founder of ICO-startup TenX Julian Hosp was really involved in the activities of the financial pyramid Lyoness.

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   77

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.