SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum
The U.S. SEC has reportedly entered settlement talks with alleged fraudulent crypto firm Veritaseum Go to Source Powered by WPeMatico
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Block.One Slapped With $24M Fine — Cost of Doing Business?
Following its settlement with the SEC, Block.One seems to have figured out that fines may simply be the cost of doing business for blockchain Go to Source Powered by WPeMatico
2019’s Token Sales Have Produced a Handful of Winners
2019 has proven a challenging year in which to launch a crypto startup, with the most successful tokens recording only modest returns. Investors chasing the sort of double-digit returns that were one commonplace have been mostly frustrated by a markedly more conservative market in which picking a winner has called for a combination of shrewdness … Read more
What’s Next for the Industry as ‘Crypto Winter’ Thaws?
How did the so-called “crypto winter” affect the entire industry Go to Source Powered by WPeMatico
The $100m Karatbars ICO Raises Questions Which Can’t be Answered
A growing list of cryptocurrency-themed projects has turned out to be complete scams. Most of those ventures are no longer around, although there are some exceptions. In the case of Karatbars, it seems things have begun to unravel in quick succession. The project is under investigation for a variety of reasons. Karatbars and its Gold … Read more
Crypto Investment Group Grayscale Releases Bitcoin Cash Primer
Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, Grayscale’s release of the document marks … Read more
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About … Read more
Court Orders Purported Crypto Company Longfin to Pay $6.7M Penalty
A U.S. federal court has ordered purported cryptocurrency firm Longfin to pay almost $7 million in penalties Go to Source Powered by WPeMatico
SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement Flurry
The U.S. Securities and Exchange Commission (SEC) regularly draws the ire of crypto proponents who are frustrated at its failure to support innovation and entrepreneurship. Despite this, some have warmed to the agency’s opinionated commissioner Hester Peirce, who has adopted the moniker of “Crypto Mom.” At a compliance conference this week, Peirce spoke positively about … Read more
Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams
Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based on mischaracterizations, but that shutdown for Kik is necessary to focus on … Read more
