The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.
Category: penalty
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‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.
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Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
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Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
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Company Evades SEC Penalty Despite Illegally Issuing Security Tokens
The U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on Wednesday […]
The post Company Evades SEC Penalty Despite Illegally Issuing Security Tokens appeared first on Bitcoin News.
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SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token
The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which […]
The post SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token appeared first on Bitcoin News.
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Bill Introduced to Make South Korean Officials Declare Their Crypto Investments
A bill has been introduced in South Korea to require public officials to declare their investments in cryptocurrencies including bitcoin. This initiative follows the recent controversies within the government regarding cryptocurrency regulations, including insider trading and market manipulation. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Bills for […]
The post Bill Introduced to Make South Korean Officials Declare Their Crypto Investments appeared first on Bitcoin News.
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