US Judge Rules ICOs Covered By Federal Securities Laws

US Judge Rules ICOs Covered By Federal Securities Laws

2018-9-12 23:00

On Tuesday, U. S. District Judge Raymond Dearie in Brooklyn, New York said that U. S. federal securities laws may cover initial coin offerings (ICOs), per Bloomberg report. This week’s ruling enhances the regulatory framework that governs cryptocurrencies by leveraging existing rules that already regulate the U.

S. stock market.

The New York case involves a Brooklyn businessman, Maksim Zaslavskiy, who promoted digital currencies that he claimed were backed by investments in real estate and diamonds.

Continue reading US Judge Rules ICOs Covered By Federal Securities Laws at Crypto Daily™.

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

ICOS (ICOS) на Currencies.ru

$ 2.4082 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: -2.29 %

Cегодня L: $2.4082 - H: $2.4082

Капитализация $1.192m Rank 99999

Цена в час новости $ 3.3299 (-27.68%)

federal laws securities judge rules icos brooklyn

Источник: cryptodaily.co.uk

federal laws → Результатов: 16

Фото:

Federal Judge Applies Long-Established Securities Law to ICOs

Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.

2018-9-12 22:09	Law & justice
securities icos laws judge law two does

Фото:

U.S. Federal Securities Laws Can Cover Cryptoassets Says American DOJ

In what has been tagged a first-of-its-kind ruling, a United States Judge has declared that the country’s federal securities legislation can be employed in prosecuting organizers of fraudulent cryptocurrency-linked investment schemes, reported Reuters on September 11, 2018.

2018-9-12 19:30	Securities
states judge organizers federal united securities diamond

Фото:

Federal Judge Affirms Securities Laws Can Be Applied to ICO Fraud

U. S. District Judge Raymond Dearie said today the government is permitted to proceed in a criminal case concerning two fraudulent ICOs, a situation the prosecution says falls under securities laws.

2018-9-12 16:00
laws securities judge case two concerning icos

Фото:

Billion Dollar ICO Industry Governed by Securities Law, Judge Rules

U. S. V. Zaslavskiy, 17-cr-0647, U. S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws.

2018-9-12 12:35
securities judge rules billion many district governed

US Judge Rules ICOs Covered by Securities Law

After a long period of silence and uncertainty, the U.S. government has stated that at least two initial coin offerings (ICOs) are not exempt from security laws. Howey vs SEC The ruling comes after ICO participants from Recoin and Diamond Reserve Club filed a federal case against the projects’ founder Maksim Zaslavskiy for misleading investors, who […] The post US Judge Rules ICOs Covered by Securities Law appeared first on CryptoSlate.

2018-9-12 10:00	United States
icos law securities rules judge covered case

U.S. Federal Judge Rules ICOs are Covered By Securities Law

In moving closer to the governmental goal of cryptocurrency regulation, a United States federal judge has passed a ruling suggesting that U. S. securities laws could cover Initial Coin Offerings (ICOs).

2018-9-12 06:22	Cryptocurrency News
federal icos securities judge covered law regulation

Фото:

Beware The Lies: Bloomberg Misrepresents Judge’s Ruling

A court in the USA has today ruled that tokens sold during ICOs count as securities under federal law, according to Bloomberg, which stated in an article that “Federal prosecutors won a key legal victory when a judge ruled that U.

2018-9-12 21:09	US regulation
judge bloomberg federal securities ruled ruling misrepresents

US Judge Rules ICO Frauds Fall Under Securities Law

A federal judge has ruled that a criminal case against an alleged ICO fraudster will proceed to trial, saying existing securities laws apply.

2018-9-12 19:39
ico securities judge proceed fraudster alleged trial

Legislation Groups For Cryptocurrency Advocacy Will Fight The Good Fight

Despite the recent efforts by the SEC and various States, crypto regulation in the US is still underdeveloped. To date, no significant Federal laws have been established to oversee the crypto space.

2018-9-3 14:43	News
crypto fight federal laws authorities oversee established

Tezos Still Facing ICO Lawsuit as US Judge Rules Against Case Dismissal

Tezos Foundation has failed to convince the federal court to dismiss allegations of securities laws violations.

2018-8-9 08:51	News
tezos federal convince court dismiss laws violations

Фото:

“Not a Great Precedent”: Commissioner Discusses the SEC’s Latest ETF Decision

When the SEC announced its rejection of the Winklevosses’ latest bitcoin ETF filing, the industry found itself reckoning with a problem on repeat: striving toward the goal of approval, another Exchange Traded Fund (ETF) proposal faced the SEC’s death knell.

2018-8-4 22:49	Regulation
think sec market bitcoin these going order

Ripple Labs Faces Its Third XRP-Related Lawsuit as SEC’s Stance Remains Unclear

There are still some concerns as to whether or not Ripple’s XRP will be labeled a security. The SEC has not yet rendered its verdict in this regard. Another lawsuit has been filed against the founder of Ripple Labs, alleging that the defendants broke state and federal securities laws by selling the unregistered XRP asset. […]

2018-7-6 19:00	XRP
ripple sec xrp labs lawsuit founder alleging

Фото:

Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal

2018-6-22 02:29	trading
federal new sheila corporation insurance former bair

William hinman says ethereum is not a security and crypto market rebounds after sec’s

This follows the news from the US SEC which does not consider Ethereum a security. And, as with Bitcoin, applying the disclosure regime of the federal securities laws to current transactions in Ether would seem to add little value,” Hinman explained.

2018-6-15 17:30
ethereum hinman sec bitcoin security ether seem

Партнеры Currencies.ru

Analogue Notcoin - TapSwap

Реклама на Currencies.ru

Самое свежее на Currencies.ru

India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model

Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country. Reuters reported that the Securities and Exchange Board of India (SEBI) wants multiple regulators to oversee crypto trading in the country.

US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto

The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it.

US lawmaker calls on SEC to repeal crypto custody rule ahead of Senate vote

US lawmaker Wiley Nickel has urged the Gary Gensler-led Securities and Exchange Commission (SEC) to repeal the Staff Accounting Bulletin 121 (SAB 121) before the impending Senate vote. SAB 121 requires financial institutions custodying crypto to hold these assets on their balance sheets.

Bitcoin rallies to $65,000, triggering over $120 million in liquidations in 24 hours

Quick Take Bitcoin’s recent surge to $65,000, a level last seen on May 6, has sparked significant volatility in the digital assets market. Bitcoin has now seen a roughly 15% rally from the lows of May 1.

Dutch court finds Tornado Cash dev Alexey Pertsev guilty of laundering $1.2B

Dutch court convicts Tornado Cash developer Alexey Pertsev of laundering $1.2 billion, setting the stage for a significant impact on privacy in decentralized finance. The post Dutch court finds Tornado Cash dev Alexey Pertsev guilty of laundering $1.2B appeared first on Crypto Briefing.

Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash

US senators Ron Wyden and Cynthia Lummis sent a letter to the DOJ questioning if services like Samourai Wallet meet the definition of money transmitters under current laws and guidance. The post Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash appeared first on Crypto Briefing.

US Congress to potentially vote on new legislation for crypto industry by end of May

House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May.

Top

Russian news

Moscow

Ads
- Russian Banks