The checks for BitClave investors are now in the mail. With this short post on Twitter/X by the Securities and Exchange Commission (SEC), investors of the controversial 2017 ICO offering can now start collecting what is rightfully theirs. The $4.6 million check is for investors in BitClave’s 2017 ICO offering with unregistered digital assets securities. […]
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC charged the search engine for failing to register as a securities offering.
The reputation system targets retail investors in Europe and projects worldwide seeking regulatory clarity for crypto fundraising.
In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals.
In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals.
Projects that raised millions in the ICO era have struggled to gain traction.
The Ethereum initial coin offering launched on July 22, 2014, marking the beginning of the blockchain’s journey.
Thanks to the ICO busts of 2018 and the SEC's newfound attention for a raft of altcoins, scrutiny of new projects has become much higher than in the past.
In 2017 the initial coin offering boom launched a tidal wave of activity for the crypto industry. Despite being plagued by scams and fraud, the ICO boom was also responsible for some of the most important crypto projects in the industry today.
Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.