Philippines regulator warns against Mining City cloud mining scam
Cloud mining company Mining City reportedly promises returns of up to $92 daily, paid out in Bitcoin Vault tokens.
Latest Securities and Exchange Commission News
Unikrn settles with SEC over its 2017 ICO
The U.S. securities regulator has reached a settlement with Seattle-based Unikrn Inc. over allegation it violated securities laws during the 2017 ICO craze.
Digital assets recognized as securities in Nigeria, regulator confirms
The Nigerian Securities and Exchange Commission says it will regulate digital tokens and currencies if they qualify as securities transactions.
ICO scam lands rapper TI, 3 others in hot water with US regulator
American rapper and record producer TI has been ordered to pay $75,000 for his role in an unregistered and fraudulent ICO.
BitClub Network co-conspirator admits offering unregistered securities
Promoter Joseph Frank Abel admitted to receiving money from investors for shares in the BitClub Network mining pool.
US regulator investigates Robinhood over disclosure errors
The app-based platform is alleged to have failed in its duty to disclose the information, with its ‘How We Make Money’ page silent on sales of its order flow.
Hester Peirce won’t be leaving the SEC anytime soon
Hester Peirce, the U.S. Securities and Exchange Commission commissioner known for her digital currency-friendly stance, has been sworn in for her second term in office.
Boon.Tech blockchain jobs marketplace settles ICO fraud case for $5.7M
Boon.Tech conducted its ICO from November 2017 to January 2018, raising $5 million from over 1,500 investors, according to the SEC.
Goldman Sachs offloads stake in Ripple partner MoneyGram
The investment banking giant has sold a stake worth $6.5 million in MoneyGram, the remittance partner of Ripple, according to SEC filing.
Ohio fund manager denies $35M digital currency scam
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Cyprus adds 6 digital currency firms to blacklist
The Cyprus Securities and Exchange Commission has issued a warning against six firms it believes have been operating illegally.
Forsage scheme continues despite SEC investor warnings
Forsage has no legal standing to accept investments, or to sell investment products to the public, regulators in the Philippines said.