New Chinese law further prohibits ICOs: report
With its new decree, the government is further seeking to stamp out cryptocurrency token sales completely, according to local reports.
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US securities regulator beefs up enforcement powers for new probes
The U.S. Securities and Exchange Commission is beefing up the enforcement powers of its investigation teams, signaling a more robust approach to regulation during the Biden administration.
Steven Seagal-promoted Bitcoiin2Gen charged over $11M scam
Kristijan Krstic and John DeMarr also allegedly operated and promoted Start Options as a digital asset mining and trading platform with “the largest Bitcoin exchange in euro volume and liquidity.”
Digital currency scammer gets 6 months in jail over $20M fraud
Jerry Ji Guo allegedly defrauded his clients over $20 million worth of digital currencies at the height of the 2017 ICO craze, according to the U.S. Department of Justice.
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.
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.