ICOs

SEC Chairman Gensler Agrees With Predecessor: ‘Every ICO Is a Security’

Gensler said he believes crypto trading platforms might already have securities listed.

News  ·  3 August 2021

The Node: The First Step to Making Sense of the Token Economy

Founders can build open-source platforms without fees and still get rich. Here's how.

Opinion  ·  2 August 2021
Regulation

SEC Settles Charges Against Coinschedule Operator for Touting ICOs

But commissioners Elad Roisman and Hester Peirce said the regulator missed the chance to define which touted assets were securities.

Policy & regulation  ·  14 July 2021
ICOs

Crypto Class Action Against Rapper TI Dismissed in US Appellate Court

Three judges from the Court of Appeals for the 11th Circuit have upheld a lower court decision to dismiss a case against the rapper.

News  ·  22 June 2021
ICOs

Fraud Alleged at Three Israeli ICOs That Raised $250M

The plaintiffs claim Sirin Labs, Stox and Leadcoin didn't fulfill product promises to investors.

Policy & regulation  ·  31 May 2021
ICOs

SEC’s Peirce Updates Safe Harbor Proposal for Token Sales

The updated proposal adds a number of new reporting requirements for startups.

Policy & regulation  ·  13 April 2021
Extortion

Blockchain Consultant Pleads Guilty to Extortion Charge

Alchemist associate Michael Hlady faces up to 20 years in prison.

News  ·  6 April 2021
CoinFlash

Centra Tech Co-Founder Gets 8 Years for Crypto Fraud

Centra Tech co-founder has been sentenced to eight years for conducting an illegal initial coin offering (ICO) that fleeced investors for $25 million.

News  ·  5 March 2021
Crime

US Man Sentenced to Prison for Embezzling $20M of ICO Investors’ Funds

Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million.

News  ·  27 January 2021
ICOs

Kik, SEC Propose $5M Settlement Over $100M ICO, Ending Yearlong Battle

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

News  ·  20 October 2020
ICOs

Crypto Esports Startup Unikrn to Pay $6.1M in SEC Settlement Over 2017 ICO

Unikrn has agreed to settle the charges, without admitting or denying them, by paying a $6.1 million penalty to be distributed among investors.

News  ·  15 September 2020
ICOs

SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICO

The SEC alleged film producer Ryan Felton misappropriated funds from two separate initial coin offerings, and charged rapper TI with boosting one of them.

News  ·  11 September 2020
Tezos

Tezos Investors Win $25M Settlement in Court Case Over $230M ICO

A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million.

Policy & regulation  ·  1 September 2020
Marijuana

A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her

Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.

Business  ·  19 August 2020
Cosmos

Cosmos’ Founding Team Broke Up Early This Year. The Project Didn’t

How Cosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, survived the breakup of its founding team.

Business  ·  10 August 2020