SEC

CoinFlash

SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges

Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.

Policy & regulation  ·  29 September 2020
CoinFlash

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
SEC

Privacy-Focused Enigma Files With SEC for ENG Token

Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token.

News  ·  18 September 2020
SEC

SEC Commissioner Peirce Says Unikrn-Killing Fine to Have Chilling Effect

Peirce disagrees with the SEC finding on Unikrn and warns imposing a $6.1 million penalty will have a chilling effect on innovation.

Business  ·  15 September 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
Bitcoin Options

Bitcoin News Roundup for Sept. 14, 2020

As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

News  ·  14 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
CoinFlash

Robinhood May Face $10M SEC Fine Over Disclosure Failures

Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders on to market makers.

Policy & regulation  ·  3 September 2020
CoinFlash

Self-Help Firm That Mostly Took Bitcoin as Payment Mostly Just Helped Itself, SEC Charges

Ninety-two percent of Mindset 24 investors allegedly lost some of their funds. They'd paid in over a million dollars, mostly in bitcoin.

News  ·  2 September 2020
Regulation

Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto

Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry.

Policy & regulation  ·  30 August 2020
CoinFlash

NYSE Can Allow Firms to Raise Funding Through Direct Listings, Says SEC

The New York Stock Exchange may now allow some companies to raise capital via direct listings rather than IPOs.

Markets  ·  27 August 2020
SEC

What to Make of the SEC’s New Accredited Investor Rules

The SEC has formally adopted new accredited investor rules, expanding the group of Americans who can invest in private securities.

Policy & regulation  ·  26 August 2020
SEC

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
CoinFlash

Stacks Foundation Will Soon Put Those 100M Tokens to Work

The blockchain governance foundation is stacking stacks.

News  ·  12 August 2020
Money Laundering

Interactive Brokers to Pay $38M in Settlement Over AML Lapses

Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance.

News  ·  10 August 2020