ICO | ForkLog - Part 2

ForkLog 15 31.07.2023

User moves 641 ETH purchased eight years ago

The Ethereum address that participated in the original coin offering (ICO) moved 641 ETH for about $1.2 million, the first such move in eight years.

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ForkLog 8 01.05.2023

SEC fines Coinme, the bitcoin ATM provider, nearly $4 million

The U.S. Securities and Exchange Commission (SEC) settled the dispute with cryptocurrency ATM provider Coinme, its subsidiary Up Global SEZC, and the CEO of both firms, Neil Bergkvist.

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ForkLog 15 27.03.2023

American sentenced to four years and three months in prison for $21m ICO fraud

The court sentenced the CEO of Titanium Blockchain Infrastructure Services (TBIS), Michael Alan Stollery, to four years and three months in prison, the Department of Justice said.

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ForkLog 6 13.02.2023

Blockchain company BitRussia added to registry of investment platforms

The Bank of Russia has added the blockchain company BitRussia to the registry of investment platforms, enabling it to conduct crowdfunding and ICO on a regulator-approved platform.

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ForkLog 17 26.12.2022

SEC files suit against Thor Technologies ICO organisers

The U.S. Securities and Exchange Commission (SEC) charged the Thor Technologies project, CEO David Chin, and former CTO Matthew Moravek with an unregistered securities offering of $2.6 million. The suit was filed in the Northern District of California.

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ForkLog 11 26.09.2022

LBRY CEO says the SEC aims to undermine the industry

The SEC clearly demonstrated that it intends to damage or destroy the cryptocurrency industry in the United States. This was stated by LBRY's CEO, Jeremy Kauffman, founder of the decentralized content-publishing platform LBRY, according to Decrypt. In March 2021, the Commission filed a lawsuit against the company over allegations of selling unregistered securities in connection with the ICO for $11 million. LBRY tokens are used to upload files and make payments on the blockchain platform. The coins were distributed before its launch.

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ForkLog 9 20.09.2022

SEC accuses YouTube blogger Ian Balina of involvement in unregistered ICO

The U.S. Securities and Exchange Commission (SEC) has accused crypto investor and YouTube blogger Ian Balina of involvement in an unregistered Sparkster ICO.

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ForkLog 12 17.08.2022

SEC sues Dragonchain ICO organizers for $14 million

The SEC charged John Joseph Roets and related companies with an unregistered offer of securities worth $16.5 million during the ICO and subsequent token sales.

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ForkLog 8 26.07.2022

TBIS CEO pleads guilty to $21 million ICO fraud scheme

TBIS CEO Michael Alan Stollery pleaded guilty to participating in an ICO fraud scheme that raised about $21 million, according to the U.S. Department of Justice.

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ForkLog 4 23.11.2021

South Korea to consider lifting ban on ICOs

South Korea may revise the ban on ICOs after the Financial Services Commission proposed including token sales in the Capital Markets Act. Money Today reports.

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ForkLog 26 18.11.2021

Fraud linked to launches of fake cryptocurrencies on the rise in Russia

Malicious actors have again begun using initial coin offerings (ICO) to deceive Russians.

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ForkLog 11 13.10.2021

SEC Officials Oppose Creating a ‘Safe Harbour’ for ICOs

Commissioner Caroline Crenshaw of the SEC spoke out against calls to create a 'Safe Harbour' that would shield ICO projects from regulator accountability.

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