
Telegram slammed by SEC in ongoing legal battle
The financial regulator accuses the company of using investment funds to replenish its bank account.
The financial regulator accuses the company of using investment funds to replenish its bank account.
Tanner Philp has been deposed in the battle over Kik’s allegedly unlawful securities offering.
The SEC has charged Opporty blockchain marketplace for conducting a fraudulent ICO in which they raised over $600,000 from around 200 investors selling OPP tokens.
Digital Capital Management wants to hold its lawyers accountable for not putting it on the correct registration path.
The company won’t reveal information related to its 2018 token sale.
Blockchain of Things is ordered to repay millions to investors and pay a huge fine for its illegal ICO.
The judge dismissed Kik’s plea, stating that it’s just a reargument of earlier facts with no new discovery
Tom Emmer,believes the commission may be abusing its power when it comes to cryptocurrency subjects.
As the activity over the past month shows, there have been ups and downs, but everything is pointing to a better, more fine-tuned industry.
The regulators joined the initiative in a bid to provide better regulatory clarity and identify the opportunities and challenges facing the market.
Telegram was set to take on the U.S. Securities and Exchange Commission in court this Thursday, but it now looks like it’s going to have to wait.
Telegram was recently orderd to bring to a halt its activity surrounding the TON (Telegram Open Network) and associated Gram cryptocurrency.