The SEC collected $1.26 billion from unregistered ICOs in 2020
In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms. Go to Source Powered by WPeMatico
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Here’s What’s Actually Going on With the SEC and Republic’s STO
Republic is trying to swap one SEC exemption for another to move its security token from the private to public markets. Go to Source Powered by WPeMatico
Who’s Afraid of Security Tokens?: STO Ecosystem Starts to Deliver on 2018 Hype
Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. Go to Source Powered by WPeMatico
Global Fintech Firm Launches Security Tokenization Platform
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem. Go to Source Powered by WPeMatico
Kik and SEC Oppose Each Other’s Motions for Summary Judgment
Kik’s general counsel told Cointelegraph that the SEC’s case relies on its “poorly reasoned” suit against Telegram Go to Source Powered by WPeMatico
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited handsomely” … Read more
Tapping Into Tokenization for Fresh Ideas: Changing Finance, Gaming and More
Cointelegraph takes deep dive into the tokenization industry to find out more about its inner workings, key players and future challenges Go to Source Powered by WPeMatico
7 Crypto Firms Targeted by 11 Lawsuits in New York
The lawsuits accuse the defendants of issuing unregistered securities and failing to seek requisite licensing for their activities Go to Source Powered by WPeMatico
Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed
The embattled Telegram Open Network (TON) blockchain and its native gram cryptocurrency have seen plans for launch stifled once again, with a preliminary injunction granted by Southern District of New York Judge P. Kevin Castel. The March 24 injunction sides with the U.S. Securities and Exchange Commission (SEC), concluding that the messaging giant’s plans “amount … Read more
SEC Seeks Early Judgement in Lawsuit Over Kik’s $100M ICO
Claiming to have “undisputed evidence” that Kik’s ICO was an unregistered securities offering, the SEC is seeking an early judgment Go to Source Powered by WPeMatico