AriseBank founders to pay millions over ICO fraud charges
AriseBank acting CEO Jared Rice and founder Stanley Ford, has now been slapped with a $2.7-million fine by a U.S. federal court.
Latest ICO News
What’s in a name? Blockchain Terminal ICO fraudster allegedly has ‘two identities’
The promoter behind the Blockchain Terminal (BCT) initial coin offering (ICO) has been unveiled as a disgraced Canadian fraudster who had adopted a fake persona, in an elaborate scheme that fooled employees as well as investors.
South Korea: Blockchain startup threatens to appeal ICO ban
Presto, a blockchain start-up in South Korea, has reportedly claimed that it will file a constitutional appeal over ICO ban.
ICOs continue their fall from grace
A glimpse of advice for investors to consider seriously any investment of a project that does not offer a working product or long-term vision.
‘Unauthorized’ crypto service draws ire of Italian, Maltese regulators
The chief financial regulator in Italy, the Commissione Nazionale per le Società e la Borsa (CONSOB), has issued a cease and desist order to SolutionsCM Ltd. over an alleged breach of Italian securities laws.
US regulator calls for global cooperation to stop fraudulent ICOs
Initial coin offerings (ICOs) are outright frauds that need to be stopped, according to the U.S. Securities and Exchange Commission (SEC).
US lawmaker introduces federal crypto regulations
The U.S. could be inching closer to creating a regulatory framework for cryptocurrencies and initial coin offerings (ICO).
Japan to introduce new reporting system to prevent crypto tax evasion
Japan regulators are now looking to introduce a new system that will report significant profits from crypto-based transactions.
Crypto crash creating credibility, not chaos
The cryptocurrency sell-off has a number of investors singing the blues. More than a handful of individuals bought into crypto following Bitcoin Core’s (BTC) massive price gains last year, expecting to see the same explosive growth in 2018.
To protect investors, Japan plans to regulate ICOs
Japan’s chief financial regulator, the Financial Services Agency (FSA), will reportedly roll out a new set of regulations targeting initial coin offerings (ICOs) in the country.
South Korea mulls crypto tax, lifting ICO ban
The South Korean government is looking at imposing a tax on cryptocurrencies, and regulation for initial coin offerings (ICOs).
Illegally plugging fraud ICO leads to $750K penalty for Mayweather, DJ Khaled
Securities regulators in the United States have fined two celebrities who were found to have failed to disclose that they were paid to promote initial coin offerings.