SEC Files Emergency Action Against Organizer of ‘Fraudulent’ $15 Million ICO

2019-8-14 20:10

The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO.

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Securities And Exchange Commission To Probe ICO Scam, Veritaseum, Once Valued At $950 Million

The U.S Securities Exchange Commission (SEC) filed a complaint against Veritaseum founder, Reginald Middleton, for defrauding investors during the ICO launch of VERI tokens in April to May 2017. In a post released by research firm, Hindenburg Research, the commission will further charge two companies – New York registered, Veritaseum Inc. and Delaware registered, Veritaseum […]

2019-8-13 18:21


Blockstack Bets On $1 Million Payouts To App Devs After SEC Reg A+ Approval

In a pointed backhander to Google’s now-defunct “Don’t be Evil” mantra, Blockstack is piling on an extra incentive to encourage app developers to use their decentralized computing platform. Their call to developers is to create apps that “Can’t be Evil”, with a developer reward program that will increase payouts from $100,000 to $1 million per […] The post Blockstack Bets On $1 Million Payouts To App Devs After SEC Reg A+ Approval appeared first on Crypto Briefing.

2019-7-18 19:01


SEC Sues California Operator Behind $26 Million Crypto Pyramid Scam

By CCN: On Thursday, the U. S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in the case is Daniel Pacheco, 45, a resident of San Clemente, California who has been charged by the SEC with selling unregistered securities as well as operating a multimillion-dollar cryptocurrency pyramid scheme.

2019-5-28 09:16