Investors cry foul over ‘trickery’ in Status Research case
The Swiss blockchain technology company is being sued under U.S. securities laws, with investors arguing that the U.S. rules should still apply to the firm’s unregistered digital tokens.
Latest ICO News
Rumored new SEC head Gary Gensler could spell more regulation for digital asset industry
Gary Gensler’s rumored appointment could signal stricter rules for digital asset exchanges and projects to curb some of the industry’s past excesses.
AML Bitcoin suit to proceed
The U.S. District Court in California has rejected AML Bitcoin’s attempt to have the Securities and Exchange Commission's (SEC) case against it thrown out.
We told you so! Here are some digital asset regulation highlights
Regulation: it was always going to come to Bitcoin and the digital asset industry, and we've known it for a long time.
Illegal ICO Tierion to pay investors $25M plus interest in SEC settlement
Terion will have to pay back over $25 million it raised in its ICO, plus interest and a $250,000 penalty to the securities regulator.
ShipChain settles ICO lawsuit with US securities regulator
The SEC has reportedly accepted an offer of settlement from ShipChain over the firm’s ICO, which raised $27.5 million through the sale of proprietary tokens, known as SHIP tokens.
Tron files motion to dismiss latest ICO lawsuit
The Tron Foundation has petitioned a New York federal court to dismiss a “fatally flawed” class action lawsuit against it.
Ripple XRP is ‘unregistered security’ and here’s our suit: SEC
The U.S. securities regulator has reportedly revealed plans to file a suit against Ripple (the company), its CEO Brad Garlinghouse and founder Chris Larsen.
Centra Tech: Founder of celeb-hyped ICO gets jail time
Robert Farkas, the founder of Centra Tech, will also have to forfeit $347,000 he gained from his fraudulent operation.
SEC wins $700,000 illegal ICO case against Blockvest
A U.S. federal court has ordered the company and its founder to pay $700,000 in disgorgement of ill gains and civil penalties.
Argyle Coin founder involved in $25M scam gets 7 years in jail
Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in diamond contracts, authorities said.
Oyster Protocol: Feds charge founder over self-minting scam, unregistered ICO and tax evasion
Bruno Block faces decades behind bars in connection with an unregistered ICO, as well as allegations of secretly self-minting tokens and tax evasion.