ICOs


Markets

SEC Sues Dropil Founders for Fraud After $1.8M Token Sale

The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.

SEC logo

Policy

Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales.

U.S. Southern District Court, New York

Policy

SEC Charges Former State Senator Over Digital Asset 'Scam'

The SEC alleges the Meta 1 Coin sale violated antifraud and securities regulation. It also promised some crazy returns.

Credit: Shutterstock

Policy

SEC Proposal Could (Eventually) Unleash Security Token Sales

Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.

SEC Chairman Jay Clayton

Markets

US Court Fines ICOBox $16M for Securities Violation in SEC Case

The SEC won a default judgement against ICO-as-a-service platform ICOBox and CEO Nikolay Evdokimov.

SEC (Image via Mark Van Scyoc / Shutterstock)

Policy

Steven Seagal Settles Token-Touting Charges With SEC Over 2018 ICO

Martial artist and actor Steven Seagal was charged with not declaring payments related to his promotion of a token launched by Bitcoiin2Gen.

Steven Seagal. Credit Shutterstock

Markets

ICO Project Enigma Settles SEC Charges Over $45M Token Sale

The SEC settled charges with Engima MPC alleging it raised $45 million in an unregistered securities sale with its 2017 ICO. Engima will refund investors and pay a penalty.

SEC (Image via Mark Van Scyoc / Shutterstock)

Finance

Korean ICO Project Shuts Down, Says 'Negative Perceptions' of Crypto Made Business Impossible

Contents Protocol will refund approximately $7.5 million worth of ether back to investors.

Credit: Shutterstock

Policy

Hester Peirce: Tell Me How to Improve My Safe Harbor Proposal

SEC Commissioner Hester Peirce has proposed a new way to regulate token sales. If there are better alternatives, she wants to hear about them.

Illustration by Cheryl Thuesday

Policy

Why Security Token Offerings Are a Big Yawn in Parts of Asia

Security token offerings were supposed to be the next big blockchain-based investment vehicle. But investors in Thailand and Taiwan aren't so interested.

Thai baht