Thursday, March 28, 2024
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U.S. Court Awards Default Win to SEC Against Thor Token Company and Founder David Chin

The court has barred Thor and Chin from participating in any crypto asset securities offering and ordered a disgorgement of $744,555 with prejudgment interest of $158,638.06. The order does not prevent Chin from purchasing or selling securities, including crypto-asset securities, for his own personal account. Original Source

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THORSwap (THOR) 300% Surge In A Week: What’s The Secret Behind Its Thunderous Rise?

In recent weeks, the native token of THORSwap, THOR, has experienced a surge, with its value increasing by nearly 300%. This surge has attracted attention within the crypto community, prompting an exploration of the factors contributing to THOR’s rapid growth.  THORSwap, a cross-chain decentralized exchange (DEX) aggregator built on the THORChain

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SEC files unregistered securities charges against Thor Token creators for 2018 ICO

The United States Securities and Exchange Commission (SEC) filed a complaint against Thor Technologies and its cofounder and CEO David Chin in U.S. District Court in San Francisco on Dec. 21. The SEC claimed that Thor’s 2018 initial coin offering (ICO) constituted an unregistered securities sale under the Securities Act

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