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Big money venture capitalists and law firms met in secret, roughly a month ago, with the US Securities and Exchange Commission (SEC), according to two major media outlets. The SEC has been particularly active this year, causing those with interest in pet coins and projects to lobby the agency for special protection. Top of the … Read more
Top industry investors Andreessen Horowitz and Union Square Venture ask SEC for crypto oversight exemption, SEC agrees to allow ‘limited exemption’. #NEWS Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission has issued a subpoena to controversial Riot Blockchain, a company that has been in the news more often than it would wish. The Castle Rock, Colorado-based company made the disclosure in its annual report in which it listed internet retailer Overstock as one of its biggest competitors. The subpoena was … Read more
Blockchain hedge fund Pantera CEO says $6.5k is the lowest BTC will go in the recent bear market, predicts BTC to exceed its record high “within a year” #NEWS Go to Source Powered by WPeMatico
Various worrisome trends involving blockchain technology exist as of right now. One of the more popular solutions for struggling firms is to announce blockchain or cryptocurrency plans. As a result of such turnaround efforts, company stocks will usually soar in value. For Colorado-based Riot Blockchain, the decision to pursue this option backfired rather spectacularly. Riot … Read more
A German startup that raised around $50 mln in an ICO has thrown the Internet into confusion after its website became just a giant South Park meme saying “Aannd it’s gone” #NEWS Go to Source Powered by WPeMatico
The newly-named Riot Blockchain company, which used to work in veterinary science, has been subpoenaed by the SEC #NEWS Go to Source Powered by WPeMatico
On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Lawmaker … Read more
In recent weeks, the SEC sent a shockwave of concern that’s reverberating through the blockchain industry – issuing subpoenas to companies that have conducted Initial Coin Offerings (ICOs). Those of us who understand the regulatory process foresaw the SEC subpoena sweep coming from miles away. Those who operated under the false assumption that blockchains, ICOs … Read more
The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, … Read more
