ICOs Archives - CoinDesk

ICOs

SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICO

Nikhilesh DeSep 11, 2020

The SEC alleged film producer Ryan Felton misappropriated funds from two separate initial coin offerings, and charged rapper TI with boosting one of them.

Tezos

Tezos Investors Win $25M Settlement in Court Case Over $230M ICO

Paddy BakerSep 1, 2020

A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million.

Unikrn

Crypto Esports Startup Unikrn to Pay $6.1M in SEC Settlement Over 2017 ICO

Jaspreet KalraSep 15, 2020

Unikrn has agreed to settle the charges, without admitting or denying them, by paying a $6.1 million penalty to be distributed among investors.

Paragon

A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her

Leigh CuenAug 19, 2020

Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.

Cosmos

Cosmos’ Founding Team Broke Up Early This Year. The Project Didn’t

Leigh CuenAug 10, 2020

How Cosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, survived the breakup of its founding team.

ICOs

Investors Suing Over Status ICO Can’t Find Execs to Serve Papers

Sandali HandagamaAug 6, 2020

Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means.

Book Reviews

Novel Charts Dark Side of ICO Mania

Daniel KuhnJul 18, 2020

Haydn Wilks' latest novel examines the cryptomania of the 2017 ICO boom.

ICOs

The Novel Legal Strategy Bringing This ICO-Backed ‘Micro-Mobility’ Startup to Court

Daniel KuhnJun 30, 2020

Lawyers have filed suit in a "highly unusual" case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018.

Market Manipulation

To His Own Surprise, Crypto Volume Pumper’s Business Is Still Thriving

Anna BaydakovaJun 30, 2020

Remember that college student who spoke candidly about inflating crypto trading volumes? He’s still at it – and COVID-19 has kept his business brisk.

France

French Renewable Energy Provider Wins Regulator’s Approval for €10M Token Sale

Sebastian SinclairJun 3, 2020

Renewables provider WPO has been granted an "ICO visa" from the French financial markets regulator.

SEC

BitClave Search Engine Agrees to Pay Back $25M ICO in Settlement With SEC

Danny NelsonMay 28, 2020

BitClave will pay back over $25 million in a settlement with the SEC stemming from a 2017 token sale.

Ether

Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday

Daniel CawreyApr 27, 2020

Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.

SEC

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

Nikhilesh DeApr 25, 2020

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.