The SEC is seeking public comments on its planned removal of the investment limits. A clause in the announcement warned that investors will be exposed to increased risks following the lifting of the investment limits.
Michael Stollery pleaded guilty to one count of securities fraud in 2022 in a case spearheaded by the DoJ, the FBI, the Federal Reserve, and the Bureau of Consumer Financial Protection.
The U.S. securities regulator charged several well-known celebrities, including actress Lindsay Lohan and social media personality Jake Paul, with participating in paid promotional schemes for digital assets without disclosing their compensation.
Nigeria published a new policy document, pledging to rethink its ICO stance to attract FDI as well as a blockchain-based CBDC amid slow eNaira uptake.
David Chin and Matthew Moravec are in hot water for allegedly infringing the securities laws tied to Thor's ICO in 2018, which the U.S. securities regulator says amounted to the sale of securities.
Speculating does not create value rather, speculation presents a gamble on a future price. Some people make money with it, but to do well, you need a lot of money in the first place.
Sparkster sold millions of SPRK tokens back in 2018 and raised $30 million, with influencer Ian Balina purchasing millions of tokens and then promoting them.
The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA), saying that South Korea's ICO ban has not been effective so far.
The project allegedly minted DRGN tokens in 2017 and sold 55% of the total supply in two phases—a discounted presale in August to select investors and an ICO to the wider public. It raised $14 million through these efforts.
Jeremy McAlpine and Zachary Matar pleaded guilty to one count each of securities fraud in August 2021; McAlpine will serve a three-year sentence, while Matar will be sentenced to two and a half years.
Michael Alan Stollery admitted to falsifying aspects of Titanium's white paper, lying about his business relationship with the fed, planting fake customer testimonials, and misappropriating investors' funds.
Jimmy Gale Watson Jr was allegedly in charge of negotiating with the ICO projects that McAfee promoted on social media and helped him cash out the awarded tokens.
