USA v. Zaslavskiy

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Case overview

Case Number:

1:17-cr-00647

Court:

New York Eastern

Nature of Suit:

Judge:

Raymond J. Dearie

Firms

  1. November 18, 2019

    Cryptocurrency Fraudster Gets 1½ Years For ICO Scheme

    Cryptocurrency entrepreneur Maksim Zaslavskiy was sentenced to a year and a half in prison Monday for issuing two fraudulent initial coin offerings in what was one of the first criminal cases to consider the applicability of federal securities laws to digital tokens.

  2. May 16, 2019

    Feds Want At Least 2½ Years For ICO Fraudster

    Federal prosecutors told a New York federal judge that a cryptocurrency entrepreneur should serve at least 2½ years in prison for issuing two fraudulent initial coin offerings in what is one of the first criminal cases to consider the applicability of federal securities laws to digital tokens.

  3. May 06, 2019

    Digital Token Seller Seeks Probation For Securities Fraud

    A Brooklyn-based cryptocurrency entrepreneur who pled guilty to conspiracy after a judge found that digital currencies can be considered securities asked for probation ahead of his sentencing.

  4. September 11, 2018

    Digital Token Seller Can't Slip Securities Fraud Charges

    A Brooklyn federal judge on Tuesday rejected an alleged fraudster's argument that he couldn't be charged with securities fraud because the digital tokens he sold were not securities, saying only a jury can resolve that question and clearing the way for prosecutors to press forward to trial.

  5. June 21, 2018

    Feds Oppose Accused Cryptocurrency Fraudster's Travel Bid

    The federal government urged a New York federal judge Thursday to deny a request to travel to Ukraine from a Brooklyn businessman charged with securities fraud over two initial coin offerings allegedly marketed through his companies REcoin and Diamond Reserve Club.

  6. May 08, 2018

    Judge Mulls Whether Initial Coin Offerings Are Securities

    A Brooklyn federal judge on Tuesday heard two starkly different takes on whether digital tokens issued in an allegedly fraudulent initial coin offering were securities subject to regulation by the U.S. Securities and Exchange Commission, the first time the contentious argument has been put before a federal court.

  7. March 20, 2018

    Feds Say Alleged Fraudster's Cryptocurrencies Are Securities

    Brooklyn federal prosecutors and the U.S. Securities and Exchange Commission on Monday pushed back against an alleged fraudster’s claim that his cryptocurrencies aren’t securities subject to federal laws, saying his purported initial coin offerings were clearly investment contracts governed by applicable securities statutes.

  8. February 27, 2018

    Accused Fraudster Says Cryptocurrencies Aren't Securities

    A Brooklyn businessman whom the government has charged with securities fraud over two initial coin offerings allegedly marketed through his companies REcoin and Diamond Reserve Club urged a New York federal court on Tuesday to dismiss the government's indictment, arguing that cryptocurrencies such as those involved in the offerings aren't actually "securities" under the law.