ICOs

ICOs

Investors Suing Over Status ICO Can’t Find Execs to Serve Papers

Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means.

Policy & regulation  ·  6 August 2020
ICOs

Novel Charts Dark Side of ICO Mania

Haydn Wilks' latest novel examines the cryptomania of the 2017 ICO boom.

People  ·  18 July 2020
Exchanges

To His Own Surprise, Crypto Volume Pumper’s Business Is Still Thriving

Remember that college student who spoke candidly about inflating crypto trading volumes? He’s still at it – and COVID-19 has kept his business brisk.

Markets  ·  30 June 2020
Regulation

French Renewable Energy Provider Wins Regulator’s Approval for €10M Token Sale

Renewables provider WPO has been granted an "ICO visa" from the French financial markets regulator.

Policy & regulation  ·  3 June 2020
ICOs

BitClave Search Engine Agrees to Pay Back $25M ICO in Settlement With SEC

BitClave will pay back over $25 million in a settlement with the SEC stemming from a 2017 token sale.

Policy & regulation  ·  28 May 2020
Bitcoin

Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday

Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.

Markets  ·  27 April 2020
ICOs

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

News  ·  25 April 2020
ICOs

SEC Sues Dropil Founders for Fraud After $1.8M Token Sale

The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.

News  ·  24 April 2020
Binance

Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales.

Policy & regulation  ·  6 April 2020
ICOs

SEC Charges Former State Senator Over Digital Asset ‘Scam’

The SEC alleges the Meta 1 Coin sale violated antifraud and securities regulation. It also promised some crazy returns.

Policy & regulation  ·  23 March 2020
Regulation

SEC Proposal Could (Eventually) Unleash Security Token Sales

Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.

Policy & regulation  ·  16 March 2020
ICOs

US Court Fines ICOBox $16M for Securities Violation in SEC Case

The SEC won a default judgement against ICO-as-a-service platform ICOBox and CEO Nikolay Evdokimov.

News  ·  12 March 2020
Regulation

Steven Seagal Settles Token-Touting Charges With SEC Over 2018 ICO

Martial artist and actor Steven Seagal was charged with not declaring payments related to his promotion of a token launched by Bitcoiin2Gen.

Policy & regulation  ·  27 February 2020
ICOs

ICO Project Enigma Settles SEC Charges Over $45M Token Sale

The SEC settled charges with Engima MPC alleging it raised $45 million in an unregistered securities sale with its 2017 ICO. Engima will refund investors and pay a penalty.

News  ·  19 February 2020
ICOs

Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible

Contents Protocol will refund approximately $7.5 million worth of ether back to investors.

Business  ·  19 February 2020