Internet tech support and consulting player KDH Consulting Group recently filed an official complaint against crypto investment management firm Iterative Capital Management for alleged fraud and misdirection. Accusations include “fraud and breach of fiduciary duties, among other things,” the April 27 filling stated. Iterative Capital allegedly lied Iterative Capital allegedly falsely boasted of previous crypto investment and trading success and liquidity related to a “hedge fund-like” account, which they urged KDH to join. Instead of using the capital as stated, for crypto investment and trading profit, the filing accuses Iterative Capital…
Day: April 28, 2020
The US Dept. of Transportation Is Investigating Blockchain-Powered Delivery Drones
The U.S. Department of Transportation recently publicized its effort to further harness blockchain in the world of drones. “Blockchain technology is being looked on to deliver a framework that can be used by stakeholders in the commercial drone industry,” the government agency said in an April 15 report, noting benefits in areas such as security, ID management, conflict management, flight authorization and air traffic management. Drones have vast potential The U.S. Department of Transportation listed a number of use cases for drones, also known as unmanned aircraft systems, or UASs. From…