SAFT


Markets

With Kik and Telegram Cases, the SEC Tries to Kill the SAFT

Invented by white shoe New York City law firms, the two-step Simple Agreement for Future Tokens (SAFT) was supposed to keep crypto companies out of trouble. Now, the SEC is coming full bore for startups like Kik and Telegram.

SEC logo

Policy

Telegram's Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group

Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association.

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Markets

Hedera Hashgraph Asks Investors to Wait Longer for Tokens After Price Crash

Hedera Hashgraph, the company behind the blockchain-like Hedera network, is asking investors to wait longer for tokens they paid for, in order to stabilize their cratering price.

Winslow Homer's "The Fog Warning" via Wikimedia Commons

Markets

Kadena Goes Live, Announces New Token Sale Aiming for $20 Million

"This is the first time anyone has ever scaled proof-of-work," said Kadena co-founder Will Martino.

Portraiture by LeVue, Visit our website at www.levuestudios.com

Markets

Charts: SEC Data Shows Token Filing Figures Just Keep Rising

Since SAFT came into to use last year, the number of companies reporting to the SEC to work in this framework has increased, CoinDesk finds.

abacus

Markets

LinkedIn Co-Founder Is Raising $20 Million for Token Project

Newly published public documents indicate that one of the co-founders of LinkedIn is raising as much as $20 million in a SAFT sale.

Abacus

Markets

$125 Million: Orchid Is Raising One of 2018's Biggest Token Sales

A startup with the aim of building a private, peer-to-peer browser using cryptocurrency has told the SEC it plans to hold a $125 million SAFT.

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Markets

What ICO Issuers and Investors Need to Know About Taxes

There is little guidance from the IRS on how to treat a token offering or SAFT for tax purposes. Determining how to do so is a fact-intensive process.

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Markets

Telegram Doubles Amount Raised in ICO to $1.7 Billion

Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.

Telegram app

Markets

KODAKCoin Backers Warn SEC Could Restrict Token Trading

A new "light paper" says the token could face "significant restrictions" should the U.S. Securities and Exchange Commission (SEC) deem it a security.

Kodak

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