SEC


Finance

Russian Oligarch, Ex-Cabinet Minister Invested in Telegram's ICO, Court Filing Says

Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate.

CAPTAIN OF INDUSTRY: Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s token sale through a British Virgin Islands-based entity, court papers indicate. (Image: 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

Policy

SEC Rejects Latest Bitcoin ETF Bid

The U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix's bid for a bitcoin-based exchange-traded fund (ETF).

Credit: Shutterstock

Finance

MoneyGram Got Another $11M From Ripple to Use Its Cross-Border Payments Tech

Payments firm Ripple has given MoneyGram over $11 million dollars in the past half year, according to regulatory filings with the Securities and Exchange Commission.

moneygram

Policy

SEC to Decide the Fate of Another Bitcoin ETF Proposal This Week

The SEC is poised to rule on another bitcoin ETF application this week. Wilshire Phoenix is hoping its novel fund structure might help it succeed where others have not.

Credit: Shutterstock

Markets

US Court Tells Telegram and SEC to Focus on 'Economic Realities' of Gram Token Sale

In his first public comments on the case, federal judge P. Kevin Castel called on Telegram and the SEC to consider the "economic realities" of the case such as the gram token’s secondary market.

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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)

Policy

Crypto Industry Lauds Token Safe Harbor, but Warns of Risks

Crypto advocates are praising SEC Commissioner Hester Peirce’s token “safe harbor” proposal, though not without questioning the details.

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Policy

A Safer Harbor: Improving Hester Peirce's Proposal for Regulating Token Sales

Hester Peirce's safe harbor proposal would benefit from greater protections for token holders, say two law professors.

Illustration by Cheryl Thuesday

Policy

Peirce's Safe Harbor is Worth a Look, But It May Not Be Worth the Effort

Hester Peirce's idea may not be formally considered by the SEC, but it could help refine and define future crypto regulation, say two advisers.

Illustration by Cheryl Thuesday