$10M Investment From Tether Won’t Change Celsius’ Mission of Sharing
Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users. Go to Source Powered by WPeMatico
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Cool Story BRO: French Startup Plans to Make ICOs Obsolete
A French firm has claimed that its new crypto fundraising vehicle, the ‘Believers Reward Offering,’ or BRO, will supersede ICOs and save businesses from economic crisis. Go to Source Powered by WPeMatico
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Go to Source Powered by WPeMatico
Father of JOBS Act: Gov’t Was Concerned Libra Could Displace Dollar
The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model. Go to Source Powered by WPeMatico
Belarus Banks Announce Upcoming Token Pilot Program
Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings. Go to Source Powered by WPeMatico
US Investors in Tezos’ 2017 ICO May Be Eligible for $25M Settlement
With the class-action lawsuit against Tezos likely to soon end in a $25 million settlement, ICO participants are encouraged to submit claims by Oct. 16, 2020. Go to Source Powered by WPeMatico
Swiss Bank Maerki Baumann Launches Crypto Custody and Trading
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services. Go to Source Powered by WPeMatico
‘New Google’ Settles With SEC For $29 Million
A company that was heralded as the “New Google” settles with the SEC, agreeing to return $29 million to ICO investors, in addition to a $400,000 penalty. Go to Source Powered by WPeMatico
South Korea to Start Taxing Bitcoin Profits in 2021
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry of Economy and Finance proposed the amendments to the existing tax law … Read more
SEC Orders ICO Startup to Return $25.5M to Investors
The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors. Go to Source Powered by WPeMatico
