'Backdoor' listings have become a popular way for crypto firms to get into the public markets without the regulatory scrutiny of a traditional IPO.
Ripple will become MoneyGram’s main partner for cross-border transactions after purchasing $30 million worth of newly created MoneyGram shares.
The project would bring a consumer-friendly version of digital currencies to smartphones around the world.
Venkata Meenavalli, who was previously accused of illegal stock distribution, is now also facing charges that he falsified nearly 90% of Longfin's revenue.
Daniel Pacheco raised more than $26 million by selling e-commerce instructional packages to investors and used a point system to motivate them.
Two companies that failed to register their initial coin offering agreed to return funds.
The SEC's move highlights its "strict stance against letting ETFs tracking bitcoin and other cryptocurrencies come to market."
Blockchain tracks shipments in real time, enables automation, standardizes processes, creates trust, and provides growth opportunities.
The Bank for International Settlements says the "decentralized technology of cryptocurrencies is a poor substitute" for money backed by central banks.
The current finance chief of hedge fund Och-Ziff is leaving Wall Street for fintech at "a critical moment for the cryptocurrency industry."
The SEC says Longfin shareholders made more than $27 million in illicit proceeds after the company's "mini-IPO" in December 2017.
The startup's co-founders spun a "web of lies" to deceive investors into participating in its initial coin offering, according to an SEC lawsuit.
