Posts From David Zaslowsky

SEC Enjoins Telegram Token Offering

On October 11, 2019 the U.S. Securities and Exchange Commission announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged

Read Full Article
ICO, SEC, US

CFTC Says Ether is a Commodity

Last December, the Commodity Futures Trading Commission (CFTC) issued  a public call for feedback to “better inform the Commission’s understanding” of the Ethereum network and the cryptocurrency ether.  The CFTC said input

Read Full Article
CFTC, Commodity, Ether, US

Burundi Bans Cryptocurrency

The Bank of The Republic of Burundi issued a statement in which it banned the use of cryptocurrencies in the country. The Statement said, “Since virtual currencies or cryptocurrencies are

Read Full Article
Burundi, Cryptocurrency

Marshall Islands To Issue Its Own Cryptocurrency

In 2018, the Marshall Islands passed a Sovereign Currency Act, declaring its intention to release a new, national digital currency.  In an essay published by Coindesk on September 4, The

Read Full Article
Cryptocurrency, Marshall Islands

IRS Begins Notifying Owners of Cryptocurrency of Potential Failures to Report Income and Pay Taxes

In July, the IRS announced that it had begun sending letters to taxpayers who may have failed to properly report

Read Full Article
Cryptocurrency, IRS, US

SEC Fines SimplyVital for Unregistered ICO

On August 12, 2019, the U.S. Securities and Exchange Commission announced settled charges against a New England-based blockchain company for

Read Full Article
ICO, SEC, Simple Agreements for Future Tokens (SAFTs), US

SEC Obtains TRO Against Organizer of “Fraudulent” ICO

On August 13, 2019, the U.S. Securities and Exchange Commission announced on fraud charges against a Brooklyn individual and two

Read Full Article
ICO, SEC, Temporary Restraining Order (TRO), US

Texas Renews its Cryptocurrency Crackdown

Texas has been one of the more active states in the United States when it comes to cryptocurrency enforcement.  The

Read Full Article
Cryptocurrency, Texas

SEC and FINRA Issue Joint Statement on Broker-Dealer Custody of Digital Asset Securities

On July 8, 2019, the staffs of the U.S. Securities and Exchange Commission’s Division of Trading and Markets and the

Read Full Article
Cryptoassets, FINRA, SEC, SIPA, US

Celebrities Mayweather and Khaled, Fined by the SEC, But Dismissed from Private Civil Lawsuit

We previously reported that, in November 2018, in a first of its kind case, the SEC charged  celebrities DJ Khaled and

Read Full Article
ICO, Litigation, Touting, US
1 2 3 11

Categories

Location