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Kik, SEC Propose $5M Settlement Over $100M ICO, Ending Yearlong Battle
Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.
Tezos Investors Win $25M Settlement in Court Case Over $230M ICO
A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million.
The Novel Legal Strategy Bringing This ICO-Backed ‘Micro-Mobility’ Startup to Court
Lawyers have filed suit in a "highly unusual" case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018.
French Renewable Energy Provider Wins Regulator’s Approval for €10M Token Sale
Renewables provider WPO has been granted an "ICO visa" from the French financial markets regulator.
BitClave Search Engine Agrees to Pay Back $25M ICO in Settlement With SEC
BitClave will pay back over $25 million in a settlement with the SEC stemming from a 2017 token sale.
ICO Project Enigma Settles SEC Charges Over $45M Token Sale
The SEC settled charges with Engima MPC alleging it raised $45 million in an unregistered securities sale with its 2017 ICO. Engima will refund investors and pay a penalty.
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors.
Hester Peirce: Tell Me How to Improve My Safe Harbor Proposal
SEC Commissioner Hester Peirce has proposed a new way to regulate token sales. If there are better alternatives, she wants to hear about them.
SEC Charges Blockchain Marketplace Opporty Over ‘Fraudulent’ $600,000 ICO
The firm is alleged to have conducted a fraudulent and unregistered sale of digital assets called OPP Tokens, raising around $600,000.
Liquid Exchange Cancels Sale of Telegram’s Gram Tokens
With the SEC lawsuit holding up the launch of Telegram's TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.
EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale
Block.One will pay $24 million after settling charges that it operated an unregistered securities sale with its $4.1 billion EOS raise.
SEC Settles With ICO Service Over Undisclosed Payments for Reviews
ICORating agreed to pay $106,998 in interest and a civil penalty of $162,000 without commenting on the SEC's findings.