initial coin offering

Telegram to Return $1.2B to ICO Investors
Technology

Telegram to Return $1.2B to ICO Investors

The messaging startup agreed to return the funds to settle charges that its digital asset offering was an unregistered sale of securities.
By Matthew Heller | June 29, 2020
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SEC Pulls Plug on Telegram Initial Coin Offering
Risk & Compliance

SEC Pulls Plug on Telegram Initial Coin Offering

“The SEC isn’t playing around. It's time these [ICO] companies recognize this.”
By Matthew Heller | October 14, 2019
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Block.one Fined $24M Over Initial Coin Offering
Technology

Block.one Fined $24M Over Initial Coin Offering

The blockchain startup is the latest company to be sanctioned by the SEC for failing to provide a registration statement for a digital asset offering.
By Matthew Heller | October 2, 2019
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Ratings Service for Digital Offerings Charged by SEC
Regulation

Ratings Service for Digital Offerings Charged by SEC

Russia-based ICO Rating failed to disclose that its "ratings" of initial coin offerings were actually paid promotions.
By Vincent Ryan | August 21, 2019
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AriseBank Execs Fined $2.7M for ICO Fraud
Risk & Compliance

AriseBank Execs Fined $2.7M for ICO Fraud

The startup's founders allegedly duped investors by making false statements about what they claimed to be the first "decentralized" bank.
By Matthew Heller | December 13, 2018
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Regulator Continues Crypto Asset Crackdown
Risk & Compliance

Regulator Continues Crypto Asset Crackdown

The SEC reaches settlements with a hedge fund manager and the owners of TokenLot in cases alleging registration violations.
By Matthew Heller | September 12, 2018
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Oil Firm Founder Settles Charges of ICO Fraud
Risk & Compliance

Oil Firm Founder Settles Charges of ICO Fraud

The SEC says David Laurance used misleading marketing materials to try to raise $5 million by selling "Tomahawkcoins."
By Matthew Heller | August 15, 2018
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SEC Says Centra Tech ICO Was a $32M Fraud
Risk & Compliance

SEC Says Centra Tech ICO Was a $32M Fraud

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.
By Matthew Heller | April 4, 2018
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Rising Lawsuits Could Hike Insurance Premiums
Risk Management

Rising Lawsuits Could Hike Insurance Premiums

More than 8% of U.S. public companies were hit with a shareholder class-action suit in 2017, a nine-year high.
By David Katz | January 31, 2018
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SEC Halts $600M Bank ICO Scam
Risk & Compliance

SEC Halts $600M Bank ICO Scam

AriseBank called itself the first "decentralized bank" and claimed to have acquired two FDIC-insured institutions.
By Vincent Ryan | January 30, 2018
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Kodak Plans Cryptocurrency for Photographers
Technology

Kodak Plans Cryptocurrency for Photographers

KodakCoin will serve as the medium of exchange on a blockchain platform designed to track the use of their copyrighted images on the internet.
By Matthew Heller | January 10, 2018
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Food Review App Shuts Down ICO
Risk & Compliance

Food Review App Shuts Down ICO

The SEC stepped in after determining that Munchee's initial coin offering amounted to an unregistered sale of securities.
By Vincent Ryan | December 11, 2017
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SEC Accuses Canadian of $15 Million ICO Fraud
Risk & Compliance

SEC Accuses Canadian of $15 Million ICO Fraud

The agency alleges Dominic Lacroix conned investors into buying PlexCoin tokens by promising returns of 1,354%.
By Matthew Heller | December 4, 2017
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