SEC scuppers ShipChain’s $27M ICO and fines the firm its last $2M
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. Go to Source Powered by WPeMatico
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The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. Go to Source Powered by WPeMatico
The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits. Go to Source Powered by WPeMatico
Robert Farkas will face the lightest felony sentence possible for his role in Centra Tech’s 2017 ICO. Go to Source Powered by WPeMatico
Another ICO case comes to a close. Go to Source Powered by WPeMatico
The Belgian regulator, the Financial Services and Markets Authority (FSMA), says scammers are employing new techniques which target Tinder and Facebook users. Using what the FSMA terms an “emotional scam,” criminals are targeting male users of the dating app Tinder with promises of exceptional returns on investments. However, the purported investments are in fact part … Read more
ICOs are revolutionary for business, though the fear of being scammed keeps investors at a distance. Go to Source Powered by WPeMatico
FinHub will have new independence and responsibilities, reporting directly to the SEC’s chairman. Go to Source Powered by WPeMatico
A survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been deceived. However, about half (50%) … Read more
New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020. Go to Source Powered by WPeMatico
The SEC summarized its efforts on combating crypto misconduct as its chairman is set to step down by the end of this year. Go to Source Powered by WPeMatico