Overstock Hit by Two More SEC Subpoenas in December
The bitcoin-friendly retail company and the parent of security token marketplace tZERO says it was again subpoenaed by the Securities and Exchange Commission at the end of 2019.
Telegram has appealed a court ruling barring it from distributing its gram cryptocurrency.
A federal judge has granted the SEC’s preliminary injunction request, barring Telegram from issuing any gram tokens when it launches its blockchain network.
Developers are discussing ways to launch Telegram's blockchain without the messaging app company's participation, following a court order tying its hands.
Kik had previously asked for a jury trial to make its case against the SEC. Now it's seeking a summary judgment.
The SEC alleges the Meta 1 Coin sale violated antifraud and securities regulation. It also promised some crazy returns.