Topic
Initial Coin Offering
397 published works
Digital Currency + Blockchain Perspectives
Securities and Exchange Commission v. Middleton, No. 1:19-cv-04625
On November 1, 2019, the SEC issued a final judgment as to Veritaseum, Inc., Veritaseum, LLC, and their founder (Reginald Middleton) concerning the defendants’ conduct with respect to an ICO…
FinTech Update
SEC Obtains TRO against Telegram Group Inc.
By Herbert F. Kozlov, C. Neil Gray, Arthur C. Surratt III
On October 11, 2019 the U.S. Securities and Exchange Commission (SEC) filed an emergency action in the United States District Court for the Southern District of New York, and obtained…
Global Regulation Tomorrow
SEC orders Block.one to pay $24 million penalty for unregistered ICO
By Andrew Lom (US), Rachael Browndorf (US)
On September 30, 2019, the Securities and Exchange Commission (“SEC”) announced a settlement with Block.one, a blockchain technology company with operations in Virginia and Hong Kong, for conducting an unregistered…
SEC Actions
The SEC’s Drive to Year End: Large Groups of Cases Filed, Part III
The Commission appears to have made the typical year end push to file cases. On Wednesday Part I of this series reviewed a number of those actions, primarily civil injunctive…
FinTech Update
SEC Files ICO-Related Enforcement Action Against ICOBox
By C. Neil Gray, Maxwell J. Eichenberger
In Securities and Exchange Commission v. ICOBox et al,[1] the Securities and Exchange Commission (“SEC”) alleges that defendant ICOBox and its founder, Nikolay Evdokimov violated Sections 5(a) and 5(c) of…
Timely disclosure
Ontario Securities Commission and CoinLaunch Settle Regarding Unregistered Activities
On July 24, 2019, the Ontario Securities Commission (the “OSC”) approved a settlement agreement with CoinLaunch Corp. (“CoinLaunch”), a provider of various ICO-related services in the crypto industry. Following an…
Global Fintech & Digital Assets Blog
SEC’s Crypto Summer Continues
SEC issues cease-and-desist orders for unregistered token presales and anti-touting violations. By Stephen P. Wink, Cameron R. Kates, Shaun Musuka, and Deric Behar Not content to let the dog days…
Data Privacy + Cybersecurity Insider
Initial Coin Offerings (ICOs) on SEC’s Radar
This month, the Securities and Exchange Commission (SEC) announced that it has entered into a settlement with SimplyVital Health, Inc., a blockchain company that offered and sold approximately $6.3 million…
Virtual Currency Report
Blockchain Week in Review: Week of August 9, 2019
U.S. Regulatory Kik Files Answer to SEC Complaint On August 7, Canadian messaging company Kik Interactive Inc. (“Kik”) filed its answer to the U.S. Securities and Exchange Commission’s (“SEC”) complaint…
The Blockchain Monitor
ICO Enforcement Actions, Applications for Wine and Web Browsers, AML Analyses
By Robert A. Musiala, Simone O. Otenaike
In this issue: • Multiple ICO Enforcement Actions by SEC and State Regulators • Blockchain Applications for Enterprise Networks, Wine, Web Browsers and Drones • Blockchain Analytics Firms Publish Reports,…