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According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in … Read more
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Go to Source Powered by WPeMatico
Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO. Go to Source Powered by WPeMatico
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. Go to Source Powered by WPeMatico
The bull market may be over, but that doesn’t mean traders have to stop investing. Here are a few ways to invest in crypto even during a bear market. Go to Source Powered by WPeMatico
ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators. Go to Source Powered by WPeMatico
With so many crypto projects being launched, founders are now looking beyond “traditional” crypto fundraising options. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.” ‘Man Behind the … Read more
The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it … Read more
Roughly 40,000 participants staked nearly 620 million ADA as part of MELD’s first-ever initial stake pool offering, which concluded on Oct. 27. Go to Source Powered by WPeMatico
