The Latest Hong Kong News

Binance founder slapped with lawsuit over failed Sequoia deal
Business 25 April 2018

Binance founder slapped with lawsuit over failed Sequoia deal

A lawsuit filed in Hong Kong's High Court claimed Zhao Changpeng, founder of cryptocurrency exchange giant Binance, violated an exclusivity agreement it had with Sequoia Capital by engaging with another venture capital firm.

Securities regulator stops Hong Kong company from offering ICO
Business 20 March 2018

Securities regulator stops Hong Kong company from offering ICO

Black Cell has been selling “krop” tokens as a means to connect buyers with crop and livestock producers, but regulators said the startup had engaged in “potential unauthorized promotional activities and unlicensed regulated activities.”