US

SEC Takes First Step in Cracking Down on Digital Token Trading Platforms

On November 8, the SEC settled charges against Zachary Coburn, the founder of EtherDelta, a digital token trading platform.  This is the SEC’s first enforcement action against an entity for

Read Full Article
Cryptocurrency, Enforcement, Exchanges, SEC, US

SEC Suspends Trading in Company for Making False Cryptocurrency-Related Claims about SEC Regulation and Registration

Last week we reported that the US SEC stopped a fraudulent ICO that falsely claimed that it had SEC approval.  Yesterday, the SEC suspended trading in the securities of a

Read Full Article
ICO, SEC, US

Report Shows Underbelly of Cryptocurrency Money Laundering

On October 10, CipherTrace – a developer of cryptocurrency AML, bitcoin forensics, and blockchain threat solutions – released its Cryptocurrency Anti-Money Laundering Report – Q3 2018 (the “Report”).  The Report

Read Full Article
AML, Cryptocurrency, Money Laundering, US

SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval

The U.S. SEC announced yesterday that it had stopped what sounds like the most brazen fake ICO yet.  According to the complaint, Blockvest LLC not only falsely claimed that it

Read Full Article
ICO, ICO Litigation, SEC, US

SEC and CFTC Charge Bitcoin-Funded Securities Dealer and CEO

On September 27, the US Securities and Exchange Commission (SEC) filed charges against an international securities dealer and its Austria-based

Read Full Article
CFTC, SEC, US

Texas Takes Action Against Cryptocurrency Schemes

Texas has been one of the more active US states in combating fraudulent ICOs and cryptocurrency scams.  Earlier this week

Read Full Article
Cryptocurrency, Enforcement, Texas, US

Additional First-Of-Their-Kind Enforcement in the U.S.

Last week we reported that FINRA brought its first-ever disciplinary action in the cryptocurrency space.  But there were also two

Read Full Article
Cryptocurrency, ICO, SEC, US

New York Court Rules Criminal Case Involving Violations of Securities Fraud Can Go Ahead

On Tuesday, September 11, a New York Federal Judge rejected a defendant’s argument that he cannot be prosecuted because the

Read Full Article
Cryptocurrency, Enforcement, ICO, US

FINRA Charges Broker for Securities Fraud and Unlawful Distribution of an Unregistered Cryptocurrency Security

On Tuesday, September 11, the Financial Industry Regulatory Authority (“FINRA”) took its first disciplinary action against an industry professional, charging

Read Full Article
Enforcement, FINRA, Securities, US

SEC Rejects Nine Applications to List Exchange-Trade Funds

On August 22, the Securities and Exchange Commission (“SEC”) issued three separate orders rejecting multiple applications which would have allowed

Read Full Article
Exchanges, SEC, US

Categories

Location