ICO | ForkLog - Part 4

ForkLog 10 27.01.2021

San Francisco Resident Jailed for Cryptocurrency Fraud

A US court sentenced a San Francisco resident to six months in prison for defrauding ICO investors. This is stated in a Department of Justice statement.

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ForkLog 14 25.12.2020

SEC reaches $25m settlement with Tierion to reimburse ICO investors

The U.S. Securities and Exchange Commission (SEC) reached an agreement with the blockchain project Tierion to reimburse ICO participants and buy back rewards paid to network miners.

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ForkLog 7 14.12.2020

U.S. court orders ICO startup Blockvest to pay $696,000

The U.S. Securities and Exchange Commission (SEC) won the case against Blockvest LLC, an ICO startup, and its founder Reginald Buddy Ringold, also known as Rasul Abdul Rahim El. Law360 reports.

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ForkLog 11 12.11.2020

In the past year, the SEC collected more than $4.68 billion in penalties for unregistered ICOs

The U.S. Securities and Exchange Commission (SEC) collected more than $4.68 billion in penalties and fines. A quarter of this amount — $1.26 billion — came from Telegram's ICO and token sales by cryptocurrency companies, according to the 2020 annual report.

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ForkLog 14 21.10.2020

SEC and Kik Reach Settlement; Kik to Pay $5 Million

The U.S. Securities and Exchange Commission (SEC) and Kik, the messaging-app developer, have reached a settlement over the 2017 token sale. If approved by the court, the Canadian company will pay a $5 million fine.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 01.10.2020

Salt Lending to return $47 million to investors from its 2017 ICO

The U.S. Securities and Exchange Commission (SEC) has ordered Salt Lending, a cryptocurrency lending platform, to begin returning to investors more than $47 million raised in the 2017 ICO.

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ForkLog 14 01.10.2020

Court Backs SEC in Kik Messenger Token Sale Case

The U.S. District Court for the Southern District of New York sided with the SEC in its case against Kik, with Judge Alvin Kellerstein noting that Kik violated the Securities Act.

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ForkLog 10 21.09.2020

Stripe to pay $120,000 in connection with PlexCoin cryptocurrency scheme

The Massachusetts Attorney General's Office will refrain from prosecuting Stripe in the PlexCoin ICO scam case. The settlement will cost the company $120,000, according to the department's press release.

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ForkLog 14 16.09.2020

Unikrn ICO project to pay $6.1 million SEC penalty

The cryptocurrency startup Unikrn, which raised $31 million in its 2017 ICO, will pay a penalty for unregistered sale of securities, the U.S. Securities and Exchange Commission (SEC) said.

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ForkLog 8 14.09.2020

SEC fines rapper T.I. for promoting fraudulent ICOs

Rapper Clifford Harris Jr., known by the stage name T.I., has agreed to settle SEC charges over promoting a fraudulent ICO.

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Krzysztof Shpak 837 11.06.2020

Over a Gram of Trouble: What Happened to People Who Bought Gram Futures

While it lasted, Telegram’s TON project has been a tempting target for investors. A few managed to get into TON’s private token sale while the rest had to wait till launch or look for futures contracts for Gram tokens, which were offered by several trading platforms.

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Krzysztof Shpak 665 01.02.2020

How To Spot a Shitcoin?

There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question.

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