Floyd Mayweather-Backed ICO Stox Sued For Misappropriating $30 Million

A Chinese investor has sued Stox.com and its owner Moshe Hogeg, for allegedly misappropriating funds raised during an ICO. Boxer Floyd Mayweather famously backed the Stox ICO, and has subsequently been in trouble with the SEC for other crypto-endorsements. Stox Of Ethereum According to the NIS 17 million ($4.6m) lawsuit, the investor sunk $3.8m worth…

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Sirin Labs Drops IOTA For FINNEY Blockchain Smartphone, Looks To Ethereum

New information has come to light regarding the FINNEY “independent blockchain network” and Sirin Labs’ quest for a permanent blockchain solution. In an earlier article, ETHNews reported that FINNEY was cooperating with IOTA to create a Sirin Labs native blockchain. But Moshe Hogeg, CEO of Sirin Labs, recently told ETHNews: “We’re not with iota, we…

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