Tagged: riot blockchain

Riot Blockchain Reports $58 Million USD Loss, Needs Capital to Push On

Riot Blockchain (NASDAQ: RIOT), a company formed in the fall of 2017 when directors decided to shut down endeavours at BiOptix Diagnostics Inc. and pivot into cryptocurrency mining and investing, has reported a net loss of $58 million in 2018. Riot Blockchain managed to generate… Read More

“Riot Blockchain” Associate Settles Microcap Fraud Case with SEC

Dr. Philip Frost, a biotech billionaire accused of “fleecing investors…(in) lucrative market manipulation schemes” has agreed to pay $5.5 million in penalties to the American Securities and Exchange Commission (SEC), CNBC reports. Frost is a business associate of Barry Honig, the accused ringleader int he alleged… Read More

Riot Blockchain Restructures as Chairman & CEO John O’Rourke Departs Under Allegations of Microcap Fraud

Riot Blockchain (NASDAQ: RIOT), a crypto company that engages in mining, development of exchange and mining pool platforms, and other investments within the sector, has announced a restructuring following the departure of CEO and Chairman John O’Rourke. O’Rourke departed the firm following an enforcement action by the… Read More

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