Crypto Assets - SEC.gov
2024年10月10日 · The SEC is dedicated to protecting investors in crypto markets and from cyber-related threats. The SEC’s Office of Strategic Hub for Innovation and Financial Technology (FinHub) facilitates the agency's active engagement with innovators, developers, and entrepreneurs of financial technology, including crypto assets. Visit the FinHub webpage for …
Framework for “Investment Contract” Analysis of Digital Assets
[1] I. Introduction If you are considering an Initial Coin Offering, sometimes referred to as an "ICO," or otherwise engaging in the offer, sale, or distribution of a digital asset, [2] you need to consider whether the U.S. federal securities laws apply. A threshold issue is whether the digital asset is a "security" under those laws. [3] The term "security" includes an "investment contract ...
Statement on Cryptocurrencies and Initial Coin Offerings
2017年12月11日 · The world’s social media platforms and financial markets are abuzz about cryptocurrencies and “initial coin offerings” (ICOs). There are tales of fortunes made and dreamed to be made. We are hearing the familiar refrain, “this time is different.” The cryptocurrency and ICO markets have grown rapidly. These markets are local, national and international and …
SEC Charges ICO Issuer and Founder with Defrauding Investors
2022年1月6日 · In this offering, which occurred between January and April 2018, Sproule told investors that the ICO proceeds would be used to develop a new technology that would enable Metavine, Inc.’s existing application-development software to run on a decentralized network of users’ own computers.
Spotlight on Initial Coin Offerings and Digital Assets - SEC.gov
2018年4月2日 · Statement on Potentially Unlawful Promotion of Initial Coin Offerings and Other Investments by Celebrities and Others (Nov. 2017) Investor Alert: Public Companies Making ICO-Related Claims (Aug. 2017) (This investor alert is also available in Spanish, Alerta al inversionista: Las empresas públicas que hacen declaraciones relacionadas a las ICO.)
`'ecosystem" as "an online platform that combines a blockchain-powered service marketplace, a knowledge-sharing platform, a system of decentralized escrow, and aProof-of-Expertise blockchain protocol." 30. Before Opporty's ICO began in the fall of 2017, its platform was still in development and had no payin; customers and hardly any actual ...
Sergii “Sergey” Grybniak and Opporty International, Inc.
2020年1月21日 · The complaint also alleged Grybniak and Opporty marketed the ICO by making material misrepresentations and omissions and engaging in other deceptive conduct, including exaggerating the number of users and growth of its online blockchain-based marketplace for small businesses, misrepresenting the nature of Opporty’s purported partnership with ...
Telegram to Return $1.2 Billion to Investors and Pay $18.5 Million ...
2020年6月26日 · The Securities and Exchange Commission announced today that it obtained court approval of settlements with Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc. to resolve charges that Telegram's unregistered offering of digital tokens called "Grams" violated the federal securities laws. The defendants agreed to return more than $1.2 …
SEC Orders Blockchain Company to Pay $24 Million Penalty for ...
The Securities and Exchange Commission today announced settled charges against blockchain technology company Block.one for conducting an unregistered initial coin offering of digital tokens (ICO) that raised the equivalent of several billion dollars over approximately one year. The company agreed to settle the charges by paying a $24 million civil penalty. According to the …
Introduction If you are considering an Initial Coin Offering, sometimes referred to as an “ICO,” or otherwise engaging in the offer, sale, or distribution of a digital asset,2 you need to consider whether the U.S. federal securities laws apply. A threshold issue is whether the digital asset is a “security” under those laws.3 The term “security” includes an “investment contract ...