SEC Charges 3 More in $30M ICO Fraud Case

The new charges come 18 months after the SEC first brought charges against ex-con Boaz Manor and his business associate, Edith Pardo.

People  ·  16 June 2021

Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement

The SEC order effectively blows up 1 billion TNT tokens.

Policy & regulation  ·  24 December 2020

Abandon ShipChain! Logistics Startup Torpedoed by SEC Over $27M Unregistered ICO

ShipChain is the latest ICO project sunk by Jay Clayton's SEC.

News  ·  22 December 2020

Travel Tech Firm Monaker Group Eyes Regulated Thai ICO Market

Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal. The Nasdaq traded company took an “indirect controlling stake” in the entity that owns Longroot on Thursday, one day after buying up a third of Longroot minority shareholder […]

News  ·  19 November 2020

SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined

SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.

News  ·  25 September 2020

Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General

The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017.

Policy & regulation  ·  21 September 2020

DeFi Is Hot but Retail Interest Nowhere Close to ICO Frenzy

It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago.

Markets  ·  8 September 2020

Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations

Marketed as a “decentralized job marketplace,” Boontech and founder Rajesh Pavithran have settled charges of fraud and registration violation brought by the SEC.

News  ·  13 August 2020

Token Sales Are Back in 2020

As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.

Business  ·  12 August 2020

US Government Files Fresh Charges Against PlexCoin ICO Organizers

Having only settled with the SEC last year, the PlexCoin founders now face a fresh round of charges from the U.S. Department of Justice.

News  ·  27 July 2020
Token Sale

US Court Freezes Assets Linked to Alleged $9M ICO Scam

A federal court has frozen assets raised from investors in the Meta 1 Coin token sale.

News  ·  28 May 2020

Russian Oligarch, Ex-Cabinet Minister Invested in Telegram’s ICO, Court Filing Says

Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate.

Business  ·  4 March 2020

Now More Than Ever, SEC Is Scrutinizing Unregistered Token Offerings

The frequency of ICO-related enforcement actions has been increasing in the U.S.

Policy & regulation  ·  7 February 2020

DigixDAO Votes to Liquidate $64M Treasury

With only 52 votes, the DigixDAO treasury will dissolve, returning DGD holders their staked $ETH.

News  ·  20 January 2020

SEC Asks for Telegram ICO Financials Ahead of CEO’s Deposition

Telegram has been ordered by a judge to explain why it should not have to turn over bank documents relating to its $1.7 billion initial coin offering.

News  ·  3 January 2020