Cryptocurrency

The U.S. Securities and Exchange Commission has halted an initial coin offering and charged its founders with “orchestrating a fraudulent initial coin offering (ICO)” the regulator said Monday. The agency said it charged Robert Farkas and Sohrab Sharma, the co-founders of Centra Tech, with fraud after they raised $32 millionRead More →

Cryptocurrency

The US House of Representatives finally gave important attention to the burgeoning cryptocurrency market this past Monday. On March 14th, 2018 the Capital Markets and Investments subcommittee held a testimony entitled “Examining Cryptocurrencies & ICO markets.” The hearing took place in the Rayburn House Office Building, featuring several key industry moversRead More →

crypto

The U.S. Securities and Exchange Commission stated on Wednesday that plenty of online trading platforms for cryptocurrencies should be registered with the regulator and thus subject to additional rules in a further sign regulators are now cracking down on the virtual currency sector. In a statement released earlier, the SecuritiesRead More →

crypto

The Securities and Exchange Commission (SEC) has sent out a large number of subpoenas and information requests probing companies as well as advisers that work in the cryptocurrency or virtual token industry.  The actions come after warnings from the Securities and Exchange Commission about how it would examine and potentially increase enforcement action onRead More →