Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission (SEC) has reached a settlement with New York-based startup Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO).On Dec. 18, the SEC announced in a press release that the charges were settled in the form of an order
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Hydra, Russia’s world famous darknet marketplace, has set itself a target of raising $146 million through initial coin offering (ICO) in a bid to expand its reach globally.Hydra released an investment memorandum on its darknet website where it revealed its plans for raising money for a global expansion. According to
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With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one "suicidal" startups surprising success... Source
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Russia’s largest darknet marketplace is looking to raise $146 million in a token offering that would allow it to go global. As Forklog reported on Dec. 11, the token sale is almost certainly illegal — in this case not merely for flouting securities laws or other financial regulations. “A new era
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Here’s one token sale that’s almost certainly illegal, and not just under securities laws. Source
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The New York Attorney General (NYAG) Letitia James announced the conviction of Shopin founder Eran Eyal for orchestrating a fraudulent initial coin offering (ICO) following his guilty plea.As the NYAG announced on Dec. 12, the former CEO of Shopin pleaded guilty to felony charges for running a fraudulent initial
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The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO).In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds of investors in an ICO that raised more than $42
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The SEC is also charging Eyal with failing to register the Shopin token sale as a securities sale, and is looking for a permanent injunction, disgorgement, civil penalties, to permanently bar Eyal from acting as an officer or director in any public company, or from participating in any future token
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Telegram told investors it was using BNY Mellon and Credit Suisse, to move and store fiat raised in last year’s token sale, court filings indicate. Source
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2 December 2019 A blog aimed at data scientists, app developers, business owners, CEOs or data protection practitioners, whose organisations are using, or
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