The joint venture between tZero and BOX Digital proposes to a digital exchange for security tokens under SEC’s oversight.
The comments follow the regulator rejecting a bid from Telegram for clarity over the scope of the injunction.
Ten separate investors in Telegram’s token are now poised to accept the offer, which would see 72% of investment returned.
The financial regulator asks a federal court to issue its ruling in the case before it has run its course.
Bitcoin's unchangeable protocol could make it the only blockchain in existence on which to build token projects that meet the SEC's requirements.
John O’Rourke III has reached agreement with the U.S. SEC over an alleged pump and dump scheme involving penny stocks.
A recent case undermined the arguments supporting the SEC’s injunction, allegedly preventing Twetch from issuing further tokens.
The California-based startup now owes $16 million after it refused to response to a lawsuit by the SEC.