Privacy-Focused Enigma Files With SEC for ENG Token
Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token. Source
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SEC
Crypto Esports Startup Unikrn to Pay $6.1M in SEC Settlement Over 2017 ICO
The U.S. Securities and Exchange Commission (SEC) settled unregistered securities offering charges against online gaming and gambling platform Unikrn for conducting an initial coin offering (ICO) in 2017. Commissioner Hester M. Peirce, an outspoken advocate for cryptocurrencies, dissented. According to a press release Tuesday, the SEC alleged that between June and
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SEC Commissioner Peirce Says Unikrn-Killing Fine to Have Chilling Effect
Noted cryptocurrency advocate and Securities and Exchange Commissioner Hester M. Peirce issued a public dissent after the SEC levied a $6.1 million fine on online gaming and gambling platform Unikrn for conducting an initial coin offering (ICO) in 2017, a penalty that effectively amounts to the size of the company’s
Read MoreUnikrn ICO faces further SEC action
Unikrn, an initial coin offering, or ICO, from 2017, faces action from the U.S. Securities and Exchange Commision, or SEC. The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a Sept. 15 statement from the regulating body. The commission claims Unikrn offered
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Nigeria’s SEC Says All Crypto Assets Are Securities by Default
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves
MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August. Source
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SEC Charges Rapper TI With Securites Violations for ICO
The U.S. Securities and Exchange Commission (SEC) charged two crypto startups and eight individuals including rapper Clifford Harris Jr., more commonly known as T.I., with violating the Securities Act of 1933 and other charges due to their involvement with a pair of initial coin offerings (ICOs). The SEC alleged Friday that
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Robinhood May Face $10M SEC Fine Over Disclosure Failures
Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders onto market makers. Source
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Self-Help Firm That Mostly Took Bitcoin as Payment Mostly Just Helped Itself, SEC Charges
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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What Changes at the Fed and the SEC Mean for Crypto
There has been no shortage of epoch-changing twists so far this year. I mean, seriously, take your pick: even aside from the pandemic, we have riots on the streets of American cities, an alarming trade war, negative oil prices and gold briefly above $2,000/oz. These are just some of the
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