March 24, 2015 / 11:07 AM / 4 years ago

Texan pleads not guilty in first bitcoin-linked securities fraud case

(Reuters) - A Texas man pleaded not guilty on Monday to bilking investors in what prosecutors call the first criminal securities fraud case to arise out of a scheme involving bitcoins.

Trendon Shavers, who operated Bitcoin Savings and Trust, entered the plea in Manhattan federal court following his indictment earlier this month on charges that he ran a bitcoin-related Ponzi scheme.

To read the full story on WestlawNext Practitioner Insights, click here:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below