United States SEC Wins $16M Case Again ICOBox

The ICOBox platform received a court decision in absentia, after failing to defend its side against the accusations of the US Securities and Exchange Commission (SEC). ICOBox Investigated for Aggressive Token Promotion ICOBox was sentenced to repaying $16M for acting as an unregistered broker. The startup reportedly organized multiple token sales which were deemed to […]

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Ethereum ICO Pre-Sale Address Dumps 320,000 ETH in 3 Months

An Ethereum wallet address loaded with 530k ETH from the ICO pre-sale has dumped over half since September 25. Prior to this date the tokens had been HODLed since the 2015 Initial Coin Offering. Pre-ICO ‘Whale’ Account The wallet address (and recent sell-off) was brought to the public attention in a tweet from D5 -Data Science […]

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EOS Price Shoots Up 10% Following Block.One SEC Settlement

The Securities and Exchange Commission has come to a settlement agreement with blockchain company Block.one over the yearlong token sale for EOS. It was the largest token sale of the year raising over $4 billion so naturally attracted the attention of regulators. Block.One Settled $24 Million The SEC charged the blockchain firm for conducting an […]

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Telegram Set to Go Ahead With ICO on This Crypto Exchange

Telegram has reversed its earlier decision to not carry out a public sale of its native token Gram by announcing a listing on the Liquid cryptocurrency exchange. U-Turn for Telegram? In a press release issued on Tuesday (June 11, 2019), the messaging platform declared that it would be going forward with a public initial coin […]

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ICO Raised With ‘No Strings Attached’ Led to Massive Abuse – iAngels Exec [Interview]

Bitcoinist spoke with Shelly Hod Moyal, Founding Partner and Co-CEO of iAngels, on why the ICO market popped and where the cryptocurrency industry is headed next.  A Hunter College and Kellogg MBA graduate, Shelly is a recognized expert in the areas of Fintech and Blockchain, and is a sought-after expert at international conferences about Israeli tech […]

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ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also suggests ICO teams “gave to themselves” tokens worth over $24 […]

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Opinion: ICOs Are Dead, Killed By Regulations

ICOs may have been the hottest thing in 2017 but, unlike the hundreds of amusing Bitcoin obituaries throughout the years, the process of issuing digital tokens to raise funds appears to be dead.  Stick a Fork in ICOs, They’re Done The UAE’s Securities and Commodities Authority is expected to unveil regulations for initial coin offering […]

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SEC Settles Charges Against DJ Khaled and Floyd Mayweather for ICO Promotion

The US Securities and Exchange Commission (SEC) has settled charges against DJ Khaled and Floyd Mayweather Jr for unlawful ICO promotion. Both celebrities have agreed to pay the financial penalties without admitting or denying the findings. Failure to Disclose In an official release dated November 29, the SEC has announced the settlement of charges against […]

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SEC Slaps Paragon, Airfox ICOs With $250,000 Fine

US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal […]

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