“As Ivan admitted today, one of his and Sergei’s businesses promised to mine crypto and did in fact mine crypto, but not as much as it had promised; instead, it sometimes repaid customers with crypto it had purchased on the open market, said Andrey Spektor, a partner at Norton Rose Fulbright.

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“As Ivan admitted today, one of his and Sergei’s businesses promised to mine crypto and did in fact mine crypto, but not as much as it had promised; instead, it sometimes repaid customers with crypto it had purchased on the open market, said Andrey Spektor, a partner at Norton Rose Fulbright.

legal news

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