Where Technology Meets Law

2018/07/02

SEC charges a lawyer with illegal sale of blockchain company stock

The Securities and Exchange Commission charged two men for alleged profiting from illegal sales of stock of a company claiming to have a blockchain-related business. […]
2018/05/29

SEC obtains emergency order halting ICO due to fraud

The Securities and Exchange Commission obtained a court order against Titanium Blockchain Infrastructure Services Inc., halting its ICO that raised as much as $21 million from investors in and outside the U.S. for alleged fraud. The court also approved an emergency asset freeze and the appointment of a receiver. […]
2018/05/16

The SEC has an opportunity you won't want to miss: act now!

Today , the SEC made a press release under the above-referenced title and invited public to visit a website HoweyCoin.com to “buy into a hot investment opportunity linked with luxury travel,” by participating in the ICO conducted by the SEC […]
2018/04/04

A fraudulent scheme is alleged by the SEC in the Centra ICO

On April 2, 2018, Sohrab “Sam” Sharma and Robert Farkas, co-founders of Centra Tech, Inc. were arrested and charged with violation […]
2018/03/27

Smart contracts are legally enforceable in Tennessee now

The State of Tennessee has officially recognized blockchain technology and smart contracts by giving it official status in relation to […]
2018/03/19

Trump bans Venezuela cryptocurrency within the U.S.

As part of the U.S. sanction against Venezuela, the President’s executive order prohibits any transactions involving the digital curr […]
2018/03/12

SEC is conducting dozens investigations of the ICOs

In the recent months, the SEC issued dozens of subpoenas to companies, which conducted their ICOs last year and earlier this year to pr […]
2018/03/07

Tokens selling platforms may be breaking law

As the SEC is conducting numerous ICO investigations, the cryptocurrency exchanges, which offer to buy, sell and trade tokens are also […]
2018/02/21

SEC brings fraud charges against BitFunder

In the complaint brought by the SEC, the federal agency alleged that BitFunder and its founder Jon E. Montroll violated the anti-fraud […]
2018/02/06

SEC Chairman Clayton spoke about crypto

On February 6, 2018, SEC Chairman Jay Clayton spoke about virtual currencies before the Committee on Banking, Housing, and Urban Affair […]
2018/01/31

Another ICO is halted by the SEC for alleged fraud

The SEC obtained a court order to halt an allegedly fraudulent ICO of AriseBank, which purported to be the first “decentralized bank“ […]
2018/01/19

SEC and CFTC join forces to combat crypto fraud

Today, the SEC Co-Enforcement Directors Stephanie Avakian and Steven Peikin and CFTC Enforcement Director James McDonald issued a joint […]
2018/01/12

Is the SAFT (SAFE) truly safe to use for the sale of tokens?

The Simple Agreement for Future Tokens (SAFT) was specifically created and intended to be used by enterprises to sell digital tokens to […]
2017/12/12

SEC issued a Cease-and-Desist Order to halt the Munchee ICO

The SEC has issued a Cease-and-Desist Order in regards to the Initial Coin Offering (ICO) of the MUN token created by Munchee, Inc., a […]
2017/12/11

SEC published Statement on Crypto and ICO

The SEC just published an informative Statement on Cryptocurrencies and Initial Coin Offerings (ICOs) reviewing the rapidly growing mar […]
2017/12/04

SEC halts the ICO of PlexCoin for alleged fraud

The SEC filed charges against PlexCorps founded by Dominic Lacroix, a Canadian resident who already violated the securities law previou […]
2017/11/01

Legality of the celebrities advertising of the ICOs

The SEC issued a press-release warning against the celebrities advertising of the ICOs because more and more celebrities are starting t […]
2017/10/20

Regulation of ICO: what each company must know to comply

There have been many articles written about an ICO process being an unregulated activity, which led many startups to believe that raisi […]
2017/09/29

EC brings charges against a promoter of an ICO in the U.S.

Today, the Security and Exchange Commission (SEC) charged one individual and two companies with the sale of unregistered securities and […]
2017/09/15

How to do ICO correctly and what mistakes to avoid

Recently, there have been many announcements made by authorities of various countries in regards to the ICO and digital tokens. Most of […]
2017/09/05

Hong Kong makes a statement in Initial Coin Offerings (ICO)

Following the United States and other countries, the authorities of Hong Kong made a statement on the Initial Coin Offering (ICO) tod […]
2017/08/28

SEC goes after public companies for referencing ICO

The SEC suspended trading of common stocks of the publicly traded companies First Bitcoin Capital Corp., CIAO Group, Strategic Global […]
2017/08/21

Chinese authorities banned fundraising via ICO

Today, the Chinese authorities made an official ICO related statement, which brought panic to the market and provoked a number of news […]
2017/08/01

Challenges in selling securities tokens via ICO

The blockchain technology allowed companies to raise capital faster and less costly. However, the greatest advantage is that a company […]
2017/07/25

SEC issues Investor Bulletin warning about ICO

Following the investigation of The DAO, the SEC issued an Investors Bulletin, which explained the nature of the Initial Coin Offering a […]
2017/07/25

SEC has concluded that The DAO tokens were securities

The Securities and Exchange Commission (SEC) issued a very important Investigative Report today, concluding that the securities law of […]

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