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SEC

Hester Peirce

SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk Avoidance: Peirce

Kevin ReynoldsOct 10, 2020

Increased interest in the crypto space will necessitate a more accommodative stance, the commissioner predicted.

SEC

SEC Commissioner Peirce Chats About DeFi, Tokens and Her Unikrn Dissent at LA Blockchain Summit

Jaspreet KalraOct 6, 2020

While Peirce steered clear of commenting on specific DeFi projects like SushiSwap, she pointed out that issuers of governance tokens do have to think about how they share characteristics with equities.

Kik

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Danny Nelson Nikhilesh DeOct 20, 2020

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

John McAfee

John McAfee Arrested in Spain on US Criminal Charges

Danny NelsonOct 5, 2020

John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018.

SEC

SEC Is Willing to ‘Try’ a Tokenized ETF, Chairman Says: Report

Kevin ReynoldsOct 3, 2020

SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.

SEC

Kik

Judge Rules Kik’s Token Sale Violated US Securities Law

Nikhilesh DeSep 30, 2020

A federal judge has ruled Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.

SEC

SEC Alleges Big-Talking Florida Crypto Investor Defrauded Clients of $6.8M

Danny NelsonSep 30, 2020

Thomas J. Gity allegedly told his 18 investor's he'd never ended a trading day in the red.

SEC

SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO

Paddy BakerSep 30, 2020

The SEC has confirmed it is taking action against SALT Lending after ruling the company's $47 million ICO was an illegal securities issuance.

SEC

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

Sebastian SinclairSep 30, 2020

The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.

Regulation

SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges

Paddy BakerSep 29, 2020

Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.

ICO

SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined

Danny NelsonSep 25, 2020

SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.

Enigma

Privacy-Focused Enigma Files With SEC for ENG Token

Jaspreet KalraSep 18, 2020

Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token.

SEC