Judge Rules Kik’s Token Sale Violated US Securities Law

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

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

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

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

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.

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

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

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

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

Privacy-Focused Enigma Files With SEC for ENG Token

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

SEC Commissioner Peirce Says Unikrn-Killing Fine to Have Chilling Effect

Peirce disagrees with the SEC finding on Unikrn and warns imposing a $6.1 million penalty will have a chilling effect on innovation.

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

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