Former Member of SEC’s Cyber Unit, Philip Moustakis, Comments on ICOBox...
Yesterday, Crowdfund Insider covered the Securities and Exchange Commission (SEC) enforcement action brought against ICOBox and its founder Nikolay Evdokimov. The complaint by the SEC specifically...
View ArticleMore ICO Fraud: SEC Charges Jonathan C. Lucas and Fantasy Market, an Adult...
The Securities and Exchange Commission (SEC) has filed its latest complaint targeting another allegedly fraudulent initial coin offering (ICO). According to a release, the SEC has charged Jonathan C....
View ArticleReport: Embattled ICO-Issuer Kik Closing Down Messaging App
Two individuals who requested anonymity are claiming that Kik has begun disbanding the Isreali subsidiary responsible for running its messaging app, CalcalistTech reports. According to the outlet: “The...
View ArticleBlock.one, Creator of EOS Blockchain, Pays $24 Million Fine to SEC for...
The US Securities and Exchange Commission (SEC) has settled charges against Block.one, high-profile creator of the blockchain network EOS, for allegedly conducting an unlicensed multi-billion USD ICO...
View ArticleSiacoin Makers Settle with SEC, Pay $225K Fine for Issuing Unregistered...
Without admitting or denying anything, Nebulous, a company that raised $120,000 USD in two early-days digital token sales, has settled with the SEC and agreed to pay approximately $225,000 USD in...
View ArticlePlexcoin ICO Hit with $7 Million Final Judgement in SEC Enforcement Action
It has been a big week for enforcement actions at the Securities and Exchange Commission (SEC). Beyond the routine fraud cases, the SEC Division of Enforcement has announced settlements with several...
View ArticleSEC Is Holding Settlement Discussions With Allegedly Fraudulent ICO Organizer...
The US Securities and Exchange Commission (SEC) has reportedly initiated settlement discussions with Reggie Middleton, the manager of Veritaseum’s (VERI) $14.8 million initial coin offering (ICO). In...
View ArticleTelegram Enforcement Action: “A reminder that the SEC not only has...
Last week, Crowdfund Insider reported on the Securities and Exchange Commission (SEC) enforcement action against Telegram and the issuance of Gram tokens. The move by the SEC is a doozy and telling....
View ArticleSeamico Securities Gets Green Light from Thai SEC to Fire Up ICO Portal
Seamico Securities, which has been awaiting the green light to fire up an ICO portal called SE Digital inThailand, says it has been informed by the Thai Securities and Exchange Commission that it may,...
View ArticleNew York District Court Postpones Telegram’s TON Hearing to February 2020
The US District Court for the Southern District of New York postponed the hearing regarding the Securities and Exchange Commission’s (SEC) injunction filing against London-based encrypted messaging...
View ArticleTelegram Files Response to SEC Action Blocking US Token Sales
Lawyers for Telegram have responded to the SEC complaint that led a judge in October to temporarily forbid the sale of GRAM tokens to retail investors in the US. Telegram, provider of a popular...
View ArticleReport: Some Crypto Firms that Settled with the SEC May Not be Able to Cover...
Some cryptocurrency firms that were the target of the Securities and Exchange Commission Division of Enforcement may not be able to adhere to the agreed-upon settlements, according to WSJ.com. Paragon...
View ArticleSo Far, Not a Single ICO has been White-Listed by the Autorite des Marches in...
The “Loi Pacte” was approved by the French government earlier this year. the new law included multiple policy moves designed to improve the overall competitiveness of the French economy. As part of the...
View ArticleSEC Charges Shopin ICO Founder Eran Eyal with Selling $42.5 Million in...
The US Securities and Exchange Commission (SEC) has charged Shopin founder Eran Eyal with violating antifraud and registration provisions of federal securities laws in an ICO (initial coin offering)...
View ArticleSEC Says ICO Issuer Blockchain of Things will Return Funds to Investors,...
The Securities and Exchange Commission reports that it has settled charges against Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO). The order requires BCOT...
View ArticleFrance: Autorité des Marché Financiers Approves First Utility Initial Coin...
The French Autorité des Marché Financiers (AMF) has qualified its first “Visa” for an issuer seeking to promote and pursue and an initial coin offering (ICO). Updated rules regarding utility type...
View ArticleSEC Seeking to Compel Bank Records Regarding Telegram’s $1.7 Billion Token Sale
The US Securities and Exchange Commission (SEC) has asked a judge to order Telegram to submit bank records detailing how it has been spending $1.7 billion USD it raised from investors in 2018, Finance...
View ArticleJudge Allows Telegram to Submit Proposed Banking Disclosure Schedule in SEC...
The judge presiding over an SEC case alleging Telegram sold unlicensed securities has denied the SEC’s request for immediate disclosure of bank records relating to Telegram’s $1.7 billion sale of GRAM...
View ArticleFormer Member of SEC’s Cyber Unit Comments on Telegram Enforcement Action:...
Telegram, issuer of one of the highest-profile token offerings of all time that raised $1.7 billion, is in the midst of a protracted legal battle with the Securities and Exchange Commission (SEC). Last...
View ArticleSEC: Invoices Show Telegram Sold Tokens Through Brokers After Initial Raise
In the SEC’s January 2nd letter requesting compulsion of bank records from private messaging app provider Telegram, the regulator claimed it had documents showing that Telegram, “paid commissions to...
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