Lawyers have filed suit in a “highly unusual” case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018.
With Kik and Telegram Cases, the SEC Tries to Kill the SAFT
The SEC is gunning for startups funded through Simple Agreement for Future Tokens, a legal maneuver that was supposed to keep them safe.
Telegram’s Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group
Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association.
Hedera Hashgraph Asks Investors to Wait Longer for Tokens After Price Crash
Hedera Hashgraph, the company behind the blockchain-like Hedera network, is asking investors to wait longer for tokens they paid for, in order to stabilize their cratering price.
Kadena Goes Live, Announces New Token Sale Aiming for $20 Million
“This is the first time anyone has ever scaled proof-of-work,” said Kadena co-founder Will Martino.
Charts: SEC Data Shows Token Filing Figures Just Keep Rising
Since SAFT came into to use last year, the number of companies reporting to the SEC to work in this framework has increased, CoinDesk finds.
LinkedIn Co-Founder Is Raising $20 Million for Token Project
Newly published public documents indicate that one of the co-founders of LinkedIn is raising as much as $20 million in a SAFT sale.
$125 Million: Orchid Is Raising One of 2018’s Biggest Token Sales
A startup with the aim of building a private, peer-to-peer browser using cryptocurrency has told the SEC it plans to hold a $125 million SAFT.
What ICO Issuers and Investors Need to Know About Taxes
There is little guidance from the IRS on how to treat a token offering or SAFT for tax purposes. Determining how to do so is a fact-intensive process.
Telegram Doubles Amount Raised in ICO to $1.7 Billion
Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.
KODAKCoin Backers Warn SEC Could Restrict Token Trading
A new “light paper” says the token could face “significant restrictions” should the U.S. Securities and Exchange Commission (SEC) deem it a security.
8 Ways Telegram Thinks Its Own ICO Could Go Wrong
From tech flaws to regulatory interventions, a document sent to prospective investors in Telegram’s $2.5 billion token sale spells out the risks.