SEC Fines Block.one $24 Million in Civil Settlement for EOS Initial Coin Offering

SEC Fines Block.one $24 Million in Civil Settlement for EOS Initial Coin Offering
фото показано с : btcmanager.com

2019-10-2 09:33

Block. one, the company behind EOS, will pay a one-time penalty of $24 million for their multi-billion dollar initial coin offering (ICO) that lasted for a year, September 30, 2019. EOS raised nearly $4 billion over the span of a year, issuing an ERC-20 token in exchange for money at the time.

It was only laterRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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EOS (EOS) на Currencies.ru

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eos offering → Результатов: 39


Block.one illegally sold securities to build the EOS cloud computing service, SEC finds

The firm behind blockchain-powered cloud computing service EOS must pay $24 million for violating US securities law with its initial coin offering (ICO). “Block. one did not register its ICO as a securities offering pursuant to the federal securities laws, nor did it qualify for or seek an exemption from the registration requirements,” said the US Securities and Exchange Commission (SEC) via a press release.

2019-10-1 16:48


Block.One escapes with ‘slap on the wrist’ $24 million charge for EOS ICO; SEC going soft?

The SEC is losing its touch. On 30 September, the Securities and Exchange Commission [SEC] issued a notice announcing that Block. One, the company behind the seventh largest cryptocurrency in the market, EOS, and facing a multi-million dollar charge, had “settled” a charge with the the SEC for operating an “unregistered initial coin offering.

2019-10-1 16:30


EOS PRO Blockchain Startup Announces EOSIO Distributed Network

EOS PRO, a blockchain-based startup, has announced the launch of its enterprise-grade distributed infrastructure offering using powerful, high speed EOSIO open source blockchain software. The group offers both public and private distributed networks maintained by permissioned, vetted enterprise-grade nodes equipped to provide business-ready security, scalability, performance and support. EOS PRO also offers a full suite […]

2018-8-1 11:26