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.
After the SEC obtained a restraining order against the launch of the TON network, Telegram is now asking its investors to consent to the extension of the deadline.
The week has had everything, from raising millions of dollars in funding, to regulators cracking down on fraudulent projects to adoption by major brands. Oh, and Libra sunk into more problems which led to its backers backing out.
The regulator is set to settle with Middleton, the man it accused of raising $15 million in an illegal securities sale.