The lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
In a letter to a U.S. court, the plaintiffs claim that they have attempted to trace the founders of Status Network to no avail.
The total value locked on the so-called decentralized finance platforms has reached a new all-time high of $3.22 billion.
Telegram and Kik both used the Simple Agreement for Future Tokens structure to raise capital for the development of their tokens.
EOS, the digital asset created by Block.One, has quietly lost its spot in the top 10 digital currencies by market cap.
Retail investor interest in digital currency is far from where it was in 2017—which is good and bad.
The SEC is pressing charges including money laundering, wire fraud, and aiding and abetting in an unregistered digital securities sale.
A final judgment filed shows that the SEC and Telegram have reached terms of settlement over Telegram’s illegal securities sale.
A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
The US securities regulator will compel disgorgement of $422,100, plus $34,940 in interest accrued over the token issue in question.