SEC issues cease-and-desist order against ICO Rating; alleges firm got paid over $100k for promoting securities without disclosure

The Securities and Exchange Commission (SEC) has issued a cease-and-desist order against ICO Rating, a cryptocurrency research and ratings firm. The commission is alleging that ICO Rating violated Section 17(b) of the Securities Act by publishing and giving publicity to reports “that describe securities in exchange for compensation received, directly Read more…

Guide: What Is ICON (ICX)

The Korean-based ICON Foundation has a project they claim will “hyperconnect the world”. On the back of this promise, the cryptocurrency linked to the project soared to a […] The post Guide: What Is ICON (ICX) appeared first on UseTheBitcoin. Source Author: UseTheBitcoin

Guide: How To Buy ICON (ICX) on Binance

“Hyperconnect the world” – per the ICON website, that’s what this South Korean-based blockchain startup is trying to achieve. They have the ambitious aim to link all the […] The post Guide: How To Buy ICON (ICX) on Binance appeared first on UseTheBitcoin. Source Author: Andrew Buck

SEC consent order in ICO case suggests that non-existent SAFT tokens might actually be securities

In the Matter of Simply Vital Health, Inc., SEC Administrative Proceeding File No, 3–19332, Order Instituting Cease and Desist Proceedings [SDP] Link to order: https://www.sec.gov/litigation/admin/2019/33-10671.pdf This has been a busy week for the SEC. In addition to an emergency asset freeze against ICO promoter Veritaseum, a Consent Order was entered Read more…

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