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.
SEC Seeks $16M From ICOBox for Unregistered Token Sale
The SEC has asked a federal court in California to fine ICOBox more than $16 million for selling illegal ICOS tokens.
Is SardineCoin Real? The Sardines Are, At Least
SardineCoin seemed like a fishy proposition to the crypto world, but CoinDesk found the issuer’s booth, stocked with tins, at CES 2020.
French Financial Watchdog Approves First ICO Under New ‘Visa’ Scheme
The approved ICO issuer can now legally market and host their sale until the beginning of June 2020.
This Token Project Offered to Shut Down. Its Market Cap Shot Up $10M
Should DigixDAO completely dissolve its treasury or keep making grants to enhance the ecosystem? That’s the question for token holders to decide.
25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims
Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims.
EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale
Block.One will pay $24 million after settling charges that it operated an unregistered securities sale with its $4.1 billion EOS raise.
WATCH: He Admitted to Faking Crypto Volumes, Then Got 5 New Clients
Here’s CoinDesk’s full interview with Alexey Andryunin, the 20-year-old ICO pumper who was in the business of market manipulation.
SEC Settles with ICO Service Over Undisclosed Payments for Reviews
ICORating agreed to pay $106,998 in interest and a civil penalty of $162,000 without commenting on the SEC’s findings.