The Securities and Exchange Commission (SEC) announced today that it has charged Virginia- based company Boontech and its founder Rajesh Pavithran for fraud and failure to register the firm’s tokens that were sold as investment securities. According to the SEC’s announcement, between November 2017 and January 2018, Boontech sold $5 […]
SEC
18 posts
Under a pair of U.S. Securities and Exchange Commission (SEC) regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token. Announced Wednesday, the firm secured commitments of $11 million through a Regulation D offering. An additional $5 million from non-accredited investors was committed […]
The U.S. Securities and Exchange Commission (SEC) wants to procure a blockchain forensics tool that can analyze smart contracts and, preferably, highlight their security issues. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Company executives anticipated regulators might one day take an interest in Binance Chain Source link
Failed Portland Mayor Ted Wheeler thought he’d join the Antifa-BLM mob on Wednesday night to show he’s down with the cause after DHS agents were deployed to protect the federal courthouse. Mayor Wheeler, who is also the Police Commissioner, previously refused to meet with federal officials and lashed out at […]
As a registered broker-dealer, Watchdog Capital said it is in a position to offer a whole host of SEC-exempted offerings for security tokens. Source link
Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) relating to its offering of swaps deemed unlawful by the regulators. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and […]
Kik’s proverbial day in court may last a lot longer than Telegram’s. That’s the takeaway from a federal judge’s response to the U.S. Securities and Exchange Commission during a hearing in its case against messaging platform Kik over the company’s 2017 initial coin offering, which raised $100 million. Judge Alvin […]
New Delhi (Sputnik): According to car industry representatives, the sector witnessed a revival in month-on-month sales in June due to pent-up demand caused by the COVID-19-induced lockdown. As the economy opens up, dealerships are experiencing increased demand. In a decision that is hoped will rev up auto sales in […]
The future of the U.S. federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. Last week, President Donald Trump announced his intention to nominate Securities and Exchange Commission Chairman Jay Clayton to the post of U.S. Attorney for the Southern District of New York, […]
Robert Jenrick has in recent days found himself in hot water over a London property development row, as he initially backed speeding up a Conservative donor’s project so that the latter could avoid spending additional millions in taxes. A storm of reactions in all parliamentary camps ensued as UK Housing […]
The U.S. Securities and Exchange Commission (SEC) moved to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers. The SEC announced Friday it had filed a temporary restraining order and asset freeze against Sean and Shane Hvizdzak and their corporate entities, alleging the brothers stole millions […]
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton may be the next U.S. Attorney for the Southern District of New York. According to a Department of Justice press release published late Friday, Clayton has been nominated by U.S. President Donald Trump to helm the prosecutor’s office, three years after […]
The U.S. Securities and Exchange Commission (SEC) moved Friday to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that it claimed bilked investors of $12 million. Unsealing its complaint against Utah resident Daniel F. Putnam, his businesses MMT Distributions and R & D Global and associates Angel […]
Hester Peirce, one of five commissioners with the U.S. Securities and Exchange Commission (SEC), has been tapped for a second term at the regulatory agency, Bloomberg Law reported Wednesday. Peirce, who has been one of the most prominent crypto advocates among the U.S.’s regulatory agencies, took office in January 2018 […]
A number of top White House officials have been seen on the streets of Washington, DC, making visits to police lines amid intense protests around the capital, apparently hoping to boost officers’ morale after days of unrest. Attorney General Bill Barr, Defense Secretary Mark Esper and Chairman of the Joint […]
BitClave, a California startup whose Ethereum-based search engine raised $25.5 million in a 2017 token sale, will pay back its 9,500 investors in a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement ended BitClave’s court saga almost as soon as it began. Prosecutors with the SEC announced […]