Crypto news weekly roundup – CoinGeek

2020 has gotten off to a busy start in the cryptocurrency space, with a lot of activity seen across the globe. With the first full week of the year now almost over, everyone is settling into their routines and looking for new steps in the continued advancement of crypto and blockchain. As usual, this week has seen both positive and negative events, but they are all helping to shape Bitcoin’s future.

Fintech company Longfin became one of the first companies of the new year to fall under the guillotine of the U.S. Securities and Exchange Commission (SEC). The firm had already been targeted by the commission for its shady practices, but its CEO, Venkata S. Meenavalli, will now have to pay fines worth $400,000 as he continues to be investigated for his prior misguided business management skills. He is also permanently forbidden from holding a position with any public company.

Crypto hardware wallet Ledger found itself defending against malware using its name when a crypto enthusiast…