The SEC has collected $1BN from unregistered ICOs this year

2020 is yet to come to an end but figures already show it is…

The post The SEC has collected $1BN from unregistered ICOs this year appeared first on Coin Journal.

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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. дальше »

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SEC charges ICOBox and its founder for unregistered $14 million offering

SEC charges ICOBox and its founder for unregistered $14 million offering - CryptoNinjas Today, the Securities and Exchange Commission (SEC) in the U. S. charged ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens (ICOS) and for acting as unregistered brokers for other digital asset offerings. дальше »

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US state regulator slaps ‘fraudulent’ ICOs with cease and desist orders

A US state regulator is cracking down on two New Jersey-based initial coin offerings (ICO) offering “fraudulent unregistered securities. ” The Bureau of Securities issued emergency cease and desist orders as part of “Operation Cryptosweep” – an international crackdown on fraudulent ICOs and cryptocurrency-related investment schemes – against Zoptax LLC (also known as Zoptax) and Unocall. дальше »

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New Jersey Issues Stop Orders to Two ICOs in Operation Cryptosweep

The New Jersey Bureau of Securities has told two companies offering allegedly unregistered ICOs to cease their activities

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ICO Promoters CoinLaunch Fined CAD $50,000 By Ontario Securities Commission

A week ago, the Ontario Securities Commission (OSC) announced a fine for ICO promoters CoinLaunch for conducting unregistered ICOs. Commercial litigator, economist, and former coder, Evan Thomas took this news to warn other ICO/STO projects about facing the same consequences. дальше »

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SEC Finally Coming for ICOs? Poloniex Delists 9 Crypto Tokens in the US

Rumors of an SEC crackdown are flying after Poloniex said it will delist nine crypto tokens including DCR for trading to U. S. customers. No Longer Available to U. S. Cryptocurrency Traders Poloniex has announced that it will no longer offer nine cryptocurrency tokens for trading to U. дальше »

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Forget the SEC: This US Court Just Set a Major Crypto Precedent

Lawyer Stephen D. Palley has an interesting write-up at the Block about how a federal judge has ruled that ATB Coin was an unregistered security even if the token didn’t entitle buyers to profits. дальше »

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New ICO Class Action Website Springs Up for Crypto Investors Suffering Financial Losses

Initial Money Offerings (ICOs) have developed a negative reputation and many investors seem to find themselves dissatisfied with platforms skirting securities laws. Notable actions against ICOs include Ripple Labs and Bitconnect. дальше »

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MIT Bitcoin: Legislators Discuss Regulation, Potential of Blockchain Tech

On March 9–10, 2019, the Massachusetts Institute of Technology hosted a two-day event, the MIT Bitcoin Expo 2019. Put together by the student-organized MIT Bitcoin Club, the conference welcomed more than just Bitcoin voices from every corner of the industry. дальше »

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Gladius Sends Message To ICOs: It’s Time To Come In From The Cold

After the blockchain company self-reported its unregistered securities offering, it walked away without paying a fine.

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ICOs and the SEC’s Extraterritorial Jurisdiction: A Brief Primer

In just the last few months, the SEC has brought successful enforcement actions against EtherDelta, Paragon, Airfox, DJ Khaled and “Money” Mayweather himself, all predicated directly or indirectly on unregistered Initial Coin Offerings (“ICOs”). дальше »

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“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. дальше »

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Why is the Newest SEC Statement Important for Initial Coin Offerings and the Crypto Space?

The U. S. Securities and Exchange Commission (SEC) released a statement in which the agency informs that Initial Coin Offerings (ICOs) must be compliant with securities laws. Two ICOs that have been sanctioned for selling unregistered securities are Paragon and AirFox. дальше »

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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms

Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18. дальше »

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SEC: ICOs Can be Securities Offerings and Need to be Registered

Late last week, the SEC released a statement informing the crypto and investor communities that it had settled with two ICOs that had carried out unregistered securities offering.  The two firms that were cited by the SEC were CarrierEQ Inc. дальше »

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ICO Issuers Settle Registration Charges With SEC

The U. S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation. дальше »

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Moonday Mornings: AT&T and T-Mobile sued by victims of sim-swap cryptocurrency thefts

With the nights drawing in, we’re officially in hibernation mode now, so we spent most of the weekend in bed hiding from the wind and rain. But it was all in vain, and now it’s Moonday again. Here’s this weekend’s round-up of top cryptocurrency and blockchain news you need to know about: 1. дальше »

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Colorado State Cracks Downs on Unregulated Cryptocurrency Businesses

Colorado’s state Division of Securities issued a cessation order to four cryptocurrency firms for issuing unregistered securities through Initial Coin Offerings (ICO). So far, the state’s Securities Commissioner has issued cease and desist orders to twelve ICOs for the same offense. дальше »

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SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud

The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases. дальше »

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Thai Securities and Exchange Commission Issues Unregistered ICO Investment Warning

Thailand is making a move against unregulated cryptos. The Thai Securities and Commission Exchange has decided to issue an investment warning against existing Initial Coin Offerings (ICOs) that are not recognized, registered and supervised by the country. дальше »

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Thailand Warns Public from Investing in 9 Unregistered ICOs

Thailand’s Securities and Exchange Commission (SEC) has forbidden the general public from investing in nine unregistered initial coin offerings (ICOs) and cryptocurrencies. The companies in question failed to duly register their business, despite the introduction of a framework to facilitate cryptocurrency investing, reported Bangkok Post on October 27, 2018. дальше »

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Thailand’s SEC Warns Investors Against Unregistered ICO Investment Risk

Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC. дальше »

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South Dakota Securities Commissioner Orders 3 Cease and Desist Letters Against ICO Companies

Karen Tyler, the Securities Commissioner of North Dakota, has issued 3 cease-and-desist letters against 3 separate companies all “promoting unregistered and potentially fraudulent securities in North Dakota in the form of Initial Coin Offerings (ICOs),” according to a letter. дальше »

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Report: ICOs Kept Regulators Busy This Year

The North American Securities Administrators Association has released its annual report, which shows most enforcement actions are being taken against unregistered entities.

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Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With Registration Failures

In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures. дальше »

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Colorado Investigates Bionic Coin, Sybrelabs Ltd. and Global Pay Net for Allegedly Promoting Unregistered ICOs

Colorado is getting serious in its drive to weed out potential bad players in the crypto scene. The Division of Securities of Colorado’s Department of Regulatory Agencies (DORA), via its ICO Task Force, is currently investigating three firms for promoting unregistered initial coin offerings (ICOs). дальше »

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Three Crypto Companies Suspected of Running Fraudulent ICOs in Colorado

Colorado authorities have signed cease and desist orders for three cryptocurrency companies promoting unregistered Initial Coin Offerings (ICOs) within state lines. The orders come as part of a broader investigation of allegedly fraudulent companies operating crypto-related scams as reported by the Department of Regulatory Agencies (DORA). дальше »

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