2019-10-1 10:59 |
In a $24 million settlement, EOS was off the hook for its ICO, which was deemed the sale of unregistered securities.
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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 | |
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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 | |
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The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block. one. Yesterday brought equal measures of hope and despair for the cryptocurrency market.
2019-10-1 16:03 | |
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In the latest press release shared by the United States’ Securities and Exchange Commission, blockchain-based company and creator of EOS, Block. One, is obligated to pay a penalty of $24 million.
2019-10-1 11:00 | |
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The Securities and Exchange Commission has come to a settlement agreement with blockchain company Block. one over the yearlong token sale for EOS. It was the largest token sale of the year raising over $4 billion so naturally attracted the attention of regulators.
2019-10-1 08:06 | |
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Block.One will pay $24 million after settling charges that it operated an unregistered securities sale with its $4.1 billion EOS raise.
2019-10-1 01:54 | |
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America’s Securities and Exchanges Commission (SEC) has just announced settled charges against Block. one, the company behind EOS, for raising billions in an ICO in 2017 over approximately one year.
2019-10-1 01:50 | |
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Coinbase, Kraken and other US crypto exchanges have formed a council to determine which cryptocurrencies are more likely to be securities
2019-9-30 17:17 | |
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As part of its broader plans to make its decentralized social media platform Voice hugely successful, EOS block producer, Block. one has purchased the Voice. com domain name from MicroStrategy for a whopping $30 million, according to a filing published by the United States Securities and Exchange Commission (SEC) on June 18, 2019.
2019-6-20 15:00 | |
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It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet.
2019-4-1 10:51 | |
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The public face of Cardano (ADA), Charles Hoskinson, believes the chief developer of the EOS platform will face a significant backlash from regulators – particularly the US’ Securities and Exchange Commission – over their $4bn ICO, which he described as “egregious.
2018-12-12 21:10 | |
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DJ Khaled and Floyd Mayweather reach settlement with the SEC regarding CentraTech controversy Popular rapper and music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission this Thursday with promoting initial cryptocurrency coin offerings without revealing that the promotion was paid.
2018-12-1 22:18 | |
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The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.
2018-10-23 00:41 | |
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Morgan Creek, a capital management company that oversees more than $1. 5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.
2018-8-28 21:06 | |
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Kyle Samani, the Managing Partner at Multicoin Capital, laid down his reasons for why 5 of the top 10 cryptocurrencies are securities. This comes after the SEC took a somewhat concrete stance on the position of cryptocurrencies as securities.
2018-6-18 18:20 | |
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