SEC


Policy

SEC Charges Blockchain Marketplace Opporty Over 'Fraudulent' $600,000 ICO

The firm is alleged to have conducted a fraudulent and unregistered sale of digital assets called OPP Tokens, raising around $600,000.

Credit: Shutterstock

Policy

Digital Chamber Asks Court to Draw Line Between Investment Contracts and Assets in Telegram Case

The Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial coin offering.

U.S. District Court for the Southern District of New York

Markets

Grayscale's Bitcoin Trust Is Now Open to More Investors as SEC Reporting Company

The trust’s shares are now registered under the Exchange Act of 1934, making the Grayscale Bitcoin Trust the first cryptocurrency investment vehicle to become a reporting company.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)

Policy

SEC: Cash-Strapped Telegram Launched 2018 Token Sale to Pay for Servers

Telegram launched its token sale because it was "short on cash" to pay for servers, the SEC said.

Telegram CEO Pavel Durov (TechCrunch)

Markets

SEC Charges ICO Operator Who Used Alias After Past Conviction

The SEC has charged Blockchain Terminal founder Boaz Manor with securities fraud for a $30 million ICO conducted in 2017 and 2018.

SEC image via Shutterstock

Policy

Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join

The Crypto Ratings Council, formed by Coinbase, Kraken and other exchanges last year, has added eToro and Radar as members. It's also planning to unveil its asset rating framework this year.

Brian Armstrong image via CoinDesk archives

Policy

Liquid Exchange Cancels Sale of Telegram's Gram Tokens

With the SEC lawsuit holding up the launch of Telegram's TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.

Credit: Shutterstock

Markets

Bitwise Withdraws Bitcoin ETF Application With the SEC

Bitwise's bitcoin ETF has been pulled, but the firm said it plans to refile at a later date.

Bitwise CIO Matthew Hougan

Markets

SEC Warns Crypto Investors of Initial Exchange Offerings in New Note

The SEC warned investors that initial exchange offerings, while claiming to be different from initial coin offerings, may still violate federal securities law.

Jer123 / Shutterstock

Policy

SEC Produces Evidence That Telegram Kept Selling Tokens After $1.7B ICO

The SEC produced evidence that Telegram kept selling tokens after its ICO, undermining the firm's argument that the sale was exempt from registration.

SEC image via Shutterstock