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On Friday, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Carlos Garza for not giving testimony in the investigation of GAW Miners operations.

Former AriseBank Executives to Pay a $2.7 Million Charge for ICO Scams
December 13th, 2018

For operating a fraudulent Initial Coin Offering, former AriseBank executives have to pay nearly $2.7 million in fines and are prohibited from serving as officers of public companies or engaging in offerings of digital securities.

SEC Chairman: ICOs Are Effective Way of Fundraising
December 11th, 2018

Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.

Bitcoin Flirts Around $3,400 After Hitting New 2018 Low on Friday. Where’s It Heading Now?
December 8th, 2018

As investors have been eagerly waiting for the Bitcoin price reversal after a continuous price-drop, here’s look into what experts from the crypto industry have to say.

SEC Postpones Decision on VanEck Bitcoin ETF, Again
December 7th, 2018

The price of Bitcoin has plunged more than 9% in the last 24 hours following the announcement from the SEC that once again delays its decision on the rule change for a VanEck’s Bitcoin exchange-traded fund. The new deadline is February 27, 2019.

SEC’s Crypto Mom: Bitcoin ETF Could Be Approved Tomorrow or in Ten Years Time
December 7th, 2018

At the Digital Asset Investment Forum held in Washington D.C., a commissioner of the United States Securities and Exchange Commission (SEC), Hester Peirce said it’s better not to hold our breath waiting for a Bitcoin exchange-traded fund (ETF).

Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation
December 6th, 2018

Warren Davidson, the biggest bitcoin enthusiast in Congress is set to introduce a new pro-ICO and crypto legislation. He believes that cryptocurrencies can thrive in a Federal-regulated environment.

International Cooperation is Essential for Eradicating ICO Fraud, Says SEC Official
December 5th, 2018

The ICO market has exploded in the last two years attracting an ever-rising number of fraudsters. A SEC official now believes that international cooperation is crucial to bring the scammers to justice.

ICO Project Blockvest Beats SEC in Federal Court
December 4th, 2018

The U.S. District Court for the Southern District of California ruled a case between the SEC and Blockvest in favor of the ICO project.

A Look Into Whether VanEck Bitcoin ETF Addresses Manipulation Concerns of SEC Chairman
November 30th, 2018

With VanEck facilitating OTC trades for its Bitcoin ETF, there is a higher possibility that the SEC might approve its proposal.

SEC Starts Chasing ICO Promoters, Floyd Mayweather and DJ Khaled Face First Charges
November 30th, 2018

In its first cases, the SEC has brought violations against Floyd Mayweather Jr. and music producer DJ Khaled involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional strategy.