Latest ICO News

MobileGo threatens to sue people criticizing its operations
Business 21 August 2018

MobileGo threatens to sue people criticizing its operations

Sergey Sholom, CEO of eSports cryptocurrency token MobileGo, has threatened to sue investors and anyone else critical of the company, saying that "all the immature and ridiculous demands will be redirected toward our lawyers for appropriate response."

Disgruntled ICO investor takes Unikrn to court
Business 20 August 2018

Disgruntled ICO investor takes Unikrn to court

Unikrn, an esports betting startup based in Seattle, has been slapped with a class action lawsuit by an investor who accused the company of breaching U.S. securities laws during its initial coin offering (ICO) in 2017.

FINRA warns against ICOs offerings SAFTS
Business 19 August 2018

FINRA warns against ICOs offerings SAFTS

The Financial Industry Regulatory Authority (FINRA) has raised the alert for ICO that promote an adoption of SAFT in an effort to try and convince investors that they are offering a security or are in compliance with regulatory guidelines.

US securities regulator shuts down yet another fraudulent ICO
Business 15 August 2018

US securities regulator shuts down yet another fraudulent ICO

David T. Laurance and Tomahawk Exploration LLC attempted to raise money through the sale of blockchain-based digital tokens called “Tomahawkcoins,” according to the U.S. Securities and Exchange Commission. The ICO was allegedly to be used to fund oil exploration and drilling in the state of California.