SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban
The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.
The company sold 25 million tokens in less than four hours.
Australia's securities regulator said late last week that it has halted five initial coin offerings (ICOs) in as many months.