Lawyers have filed suit in a “highly unusual” case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018.
To His Own Surprise, Crypto Volume Pumper’s Business Is Still Thriving
Remember that college student who spoke candidly about inflating crypto trading volumes? He’s still at it – and COVID-19 has kept his business brisk.
French Renewable Energy Provider Wins Regulator’s Approval for €10M Token Sale
Renewables provider WPO has been granted an “ICO visa” from the French financial markets regulator.
BitClave Search Engine Agrees to Pay Back $25M ICO in Settlement With SEC
BitClave will pay back over $25 million in a settlement with the SEC stemming from a 2017 token sale.
Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday
Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.
SEC, Kik Continue Court Clash Over $100M Kin Token Sale
The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.
SEC Sues Dropil Founders for Fraud After $1.8M Token Sale
The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.
Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits
A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales.
SEC Charges Former State Senator Over Digital Asset ‘Scam’
The SEC alleges that the Meta 1 Coin sale violated antifraud and securities regulation. It also promised some crazy returns.
SEC Proposal Could (Eventually) Unleash Security Token Sales
Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.
US Court Fines ICOBox $16M for Securities Violation in SEC Case
The SEC won a default judgement against ICO-as-a-service platform ICOBox and CEO Nikolay Evdokimov.
Steven Segal Settles Token-Touting Charges With SEC Over 2018 ICO
The martial artist and actor was charged for not declaring payments related to his promotion a token launched by Bitcoiin2Gen.
ICO Project Enigma Settles SEC Charges Over $45M Token Sale
The SEC settled charges with Engima MPC alleging it raised $45 million in an unregistered securities sale with its 2017 ICO. Engima will refund investors and pay a penalty.
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors.
Hester Peirce: Tell Me How to Improve My Safe Harbor Proposal
SEC Commissioner Hester Peirce has proposed a new way to regulate token sales. If there are better alternatives, she wants to hear about them.
Top Australian Soccer Club Acquired By Token-Powered Fan Marketplace
Perth Glory is being acquired by a sports-focused group that says it raised $70 million in a 2018 token offering.
Why Security Token Offerings Are a Big Yawn in Parts of Asia
Security token offerings (STO) were supposed to be the next big blockchain-based investment vehicle. But investors in Thailand and Taiwaan aren’t interested.
SEC Charges Blockchain Marketplace Opporty Over ‘Fraudulent’ $600,000 ICO
The firm is alleged to have conducted a fraudulent and unregistered sale of digital assets called OPP Tokens, raising around $600,000.
Liquid Exchange Cancels Sale of Telegram’s Gram Tokens
With the SEC lawsuit holding up the launch of Telegram’s TON network, the Japan-based exchange has cancelled its sale of gram tokens.
SEC Warns Crypto Investors of Initial Exchange Offerings in New Note
The SEC warned investors that initial exchange offerings, while claiming to be different from initial coin offerings, may still violate federal securities law.