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.
Gary Gensler’s rumored appointment could signal stricter rules for digital asset exchanges and projects to curb some of the industry’s past excesses.
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.
Regulation: it was always going to come to Bitcoin and the digital asset industry, and we've known it for a long time.
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.
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.
The Tron Foundation has petitioned a New York federal court to dismiss a “fatally flawed” class action lawsuit against it.
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.
Robert Farkas, the founder of Centra Tech, will also have to forfeit $347,000 he gained from his fraudulent operation.
A U.S. federal court has ordered the company and its founder to pay $700,000 in disgorgement of ill gains and civil penalties.
Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in diamond contracts, authorities said.