The United States Government is seeking to intervene and stay an action brought by the Securities and Exchange Commission (SEC) against Amir Bruno Elmaani, also known as Bruno Block. As FX News Group has reported, the SEC brought charges against Elmaani, the creator of the “Pearl” cryptocurrency, in December 2020. Now, the Government wants the civil action paused until the conclusion of the related criminal proceedings. In a motion filed with the New York Southern District Court on January 21, 2021, the Government explains that the criminal case arises from the same set of facts and circumstances that underlie the ... (full story)