Posts in category

SEC


The price of bitcoin had remained relatively stagnant over the past two months, but investors appear to be quietly gearing up for a bull run, at least according to a new report on bitcoin futures contracts released by the Chicago Mercantile Exchange (CME). Launched at the height of last year’s bitcoin rally, the CME bitcoin futures …

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This post was originally published here North Dakota Securities Commissioner Karen Tyler has issued cease and desist orders against three firms for allegedly offering unregistered and fraudulent securities in the form of Initial Coin Offerings (ICOs), according to an announcement published Oct. 11. The companies at the center of the orders are Crystal Token, Advertiza …

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The Securities and Exchange Commission said Thursday that it secured an emergency court order against an initial coin offering and its organizer who had claimed to have received approval from the agency. According to the Oct. 11 statement, Reginald Buddy Ringgold allegedly claimed that the ICO was given the green light by regulators. Ringgold and BlockVest, …

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This post was originally published here Bitcoin futures firm 1Broker, which has been charged with violating a number of U.S. securities laws, has announced that it would reopen withdrawals on Thursday. The trading platform, which was accused of acting as an unregistered security-based swaps dealer, as well as violating money laundering and wire fraud laws, …

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The crypto markets continue to move along, with government interest, institutional interest, development, and of course a little SEC action thrown in. Here is today’s action: India evaluating creation of government-backed cryptocurrency India is yet another country looking into building its own backed cryptocurrency, according to a review panel in India by India’s finance ministry. …

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Bitcoin futures firm 1Broker, which has been charged with violating a number of U.S. securities laws, has announced that it would reopen withdrawals on Thursday. The trading platform, which was accused of acting as an unregistered security-based swaps dealer, as well as violating money laundering and wire fraud laws, saw its website seized by the …

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This post was originally published here The Securities and Exchange Commission said Tuesday that it has asked a U.S. district court to enforce a subpoena as part of a probe into alleged pump-and-dump tactics that involved claims of a $100 million initial coin offering (ICO). According to the October 9 statement, officials at the U.S. …

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The Securities and Exchange Commission said Tuesday that it has asked a U.S. district court to enforce a subpoena as part of a probe into alleged pump-and-dump tactics that involved claims of a $100 million initial coin offering (ICO). According to the October 9 statement, officials at the U.S. regulator are investigating Saint James Holding and …

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The U.S. Securities and Exchange Commission (SEC) is asking for further comment on nine different bitcoin exchange-traded fund rule change proposals that currently under review after initially being rejected. The SEC had previously rejected the proposals — pursued by ProShares, GraniteShares and Direxion along with market providers NYSE Arca or Cboe — while highlighting issues …

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This post was originally published here September has been quite an eventful month, and there have been significant changes and events in many industries. However, it has been especially wild when it comes to weed stocks. On September 19th, Canada-based cannabis company called Tilray (TLRY) has seen a significant increase, going as far as 90%. …

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Bitcoin futures firm 1Broker said Monday that it will begin allowing users to access a “read-only” version of its platform, a move that comes days after it was hit with charges from U.S. regulators. The company announced Monday that it was looking for legal counsel in the U.S., which 1Broker hopes to do within the …

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This post was originally published here Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto firms is planning to pay Klein/Johnson Group, a bipartisan lobby group, to …

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Digital asset management firm Arrington XRP Capital may be poised to cease funding any U.S.-based startups. Partner and founder Michael Arrington tweeted Friday morning that the company had “received a second subpoena” from the U.S. Securities and Exchange Commission (SEC) due to the firm’s role as an investor in a company based in the United States. He …

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A group of U.S. lawmakers are asking Securities and Exchange Commission (SEC) chairman Jay Clayton to clarify when initial coin offerings (ICOs) are considered securities sales. In the letter, Representatives Ted Budd, Warren Davidson, Tom Emmer and Darren Soto, along with 11 co-signers, request that Clayton clarify how it is approaching token sales, saying that …

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Everbloom, one of numerous so-called decentralized exchanges (DEXs) for cryptocurrencies that have cropped up lately, is seeking to become a licensed broker-dealer in a bid to attract institutional investors. Revealed exclusively to CoinDesk, the startup recently registered with the U.S. Securities and Exchange Commission and submitted an application for a license from the Financial Industry …

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The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are suing an international securities dealer for allegedly violating federal law through a bitcoin-based security swap scheme. The SEC announced in a press release that it filed charges against 1pool Ltd., also known as 1Broker, as well as CEO Patrick Brunner for …

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The U.S. Securities and Exchange Commission (SEC) is seeking further action against the founders of the PlexCoin crypto scheme, which it had previously shut down as a fraud. First reported by Finance Magnates, the SEC submitted a document to the New York Eastern District Court on Tuesday, requesting to file a motion for sanctions against the two founders, …

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The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has begun proceedings to decide whether to approve a proposed bitcoin exchange-traded fund (ETF). The SEC published an “order instituting proceedings to determine whether to approve or disapprove a proposed rule change” filed by Cboe BZX Exchange, Inc. If approved, Cboe would have the green …

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Cannabis advocacy publication High Times is no longer accepting cryptocurrencies as a payment option for its ongoing initial public offering (IPO), CoinDesk has learned. The twist marks the latest in the company’s efforts to raise $50 million from accredited investors, which it announced last month. At the time, High Times said in a press release …

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Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge. Garza was given six months home confinement as part of a 3-year probationary period following release. Thursday’s sentencing caps a years-long saga that began in 2014, with …

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