SEC

Regulation

SEC Seeks $16M From ICOBox for Unregistered Token Sale

The SEC has asked a federal court in California to fine ICOBox more than $16 million for selling illegal ICOS tokens.

News  ·  10 January 2020
SEC

SEC Charges Man Behind Alleged Crypto Mining Scam

The SEC claims Donald Blakstad bilked investors of $3.5 million. One scheme involved a non-existent crypto mining operation.

News  ·  9 January 2020
SEC

SEC Examination Office Gets Specific About Crypto Priorities in 2020

The SEC Office of Compliance Inspections and Examinations detailed its crypto priorities for 2020, highlighting employee supervision and transfer agents developing blockchain technology.

Policy & regulation  ·  7 January 2020
SEC

Telegram Tries to ‘Clarify’ Gram Crypto Project Amid Ongoing SEC Fight

Telegram will not integrate a crypto wallet into its messaging app, at least until it gets the green light from U.S. regulators, the company said Monday on its official website.

Policy & regulation  ·  6 January 2020
Regulation

Closer Look at SEC ‘Accredited Investor’ Revamp Suggests Little Will Change

For the first time in decades, the SEC is lowering the barrier to investing in private securities, including crypto tokens. How much lower is unclear.

Policy & regulation  ·  6 January 2020
SEC

Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges

Venkata S. Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related to a 2017 Regulation A+ offering the SEC deemed fraudulent.

News  ·  3 January 2020
SEC

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
SEC

SEC Punts Decision on Wilshire Phoenix’s Bitcoin ETF Proposal to February

The SEC will approve or reject Wilshire Phoenix's bitcoin and U.S. Treasury ETF proposal next year.

News  ·  20 December 2019
Regulation

Blockchain of Things Pays SEC $250,000 to Settle Unregistered ICO

Internet startup Blockchain of Things has agreed to pay $250,000 to settle with the SEC over its $13 million ICO.

Policy & regulation  ·  19 December 2019
SEC

SEC Proposal Would Broaden ‘Accredited Investor’ Definition

The SEC's proposed amendment would allow more investors access to private capital markets.

News  ·  18 December 2019
UK

US Judge Orders UK Court to Depose Telegram’s Advisor About Token Sale

U.S. District Court Judge P. Kevin Castel in New York signed an order to Britain's High Court to depose John Hyman, Telegram's chief investment officer.

News  ·  10 December 2019
Regulation

The SEC Has a New Chief Crypto Cop

The U.S. Securities and Exchange Commission has appointed a new head of the cyber unit that tackles crypto firms breaking the law.

Policy & regulation  ·  3 December 2019
Lawsuits

Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge

Telegram's founder and CEO Pavel Durov, plus two other employees, should be deposed to give testimony in the SEC case over whether the gram token is a security, a judge has ordered.

News  ·  26 November 2019
SEC

The Case for a Bitcoin ETF

Dave Weisberger of CoinRoutes lays out why he believes that the SEC is wrong to deny a bitcoin ETF.

Markets  ·  23 November 2019
SEC

The Surprising Reason Why Blockstack May File for an IPO

Blockstack is currently evaluating how it will conduct its next token offering for general miners. An IPO is one of four options.

Business  ·  21 November 2019