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Tag Archives: SEC

US SEC stops $ 1.7 billion TON launch ICO action at the highest level?

Late on Friday, the US Securities and Exchange Commission (SEC) announced that it is suing two offshore companies, Telegram and its wholly owned subsidiary TON Issuer, for holding an unregistered token sale. Submitted Complaint On the same day, Telegram sold about 2.9 billion crypto-tokens called Grams (GRM) to 171 buyers in Manhattan's Federal District Court for a total of $ …

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SEC stops Telegram's cryptocurrency plans in the United States

The agency says Telegram did not register the offer with its office, and because it sees Grams as a security, it accuses the company of violating the Securities Act of 1933. It is not clear how this injunction would affect Gram's launch all the way. Former SEC lawyer Zachary Fallon told Bloomberg that this may also make it more difficult …

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Sale of telegram trademarks rejected by SEC

The long-awaited sale of cryptotoken from the Russian news platform Telegram has come to the wall in the form of the US Securities and Exchange Commission. The regulator has filed an emergency complaint and received a preliminary injunction for the proposed ICO of $ 1.7 billion. Continued Review of Crypto Data US regulators show no sign of easing their attitude …

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Sec. Minister of State Mike Pompeo urges countries to resist China's demands for repatriation of Muslim minorities

Secretary of State Mike Pompeo urged countries on Sunday to resist China's demand for repatriation of ethnic minorities oppressed in China. He spoke at the meeting with Foreign Ministers from the Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan during the annual United Nations General Assembly in New York City. Specifically, Pompeo discussed the repatriation of ethnic Uighurs, …

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BlackBerry violates SEC rules using non-standard metrics

BlackBerry Ltd. announced on Wednesday a first quarter result that was dominated by and dominated by nonstandard numbers, exposing the company to the risk of an enforcement action by the Securities and Exchange Commission (US Securities and Exchange Commission). The title in the earnings statement highlights the cybersecurity firm's non-GAAP revenue or revenue that does not comply with the accounting …

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The SEC case against Kik's ICO seems to be strong according to experts

The US Securities and Exchange Commission has sued messenger app maker Kik for its $ 100 million ICO – according to the agency, this is an unregistered sale of securities. ] In a complaint filed on Tuesday, the SEC alleged that Kik had violated federal securities law by not registering the sale of its relatives. In a response, Kik's General …

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SEC Sues Messaging App Kik Over 100 Million US Dollars on First Mint Offer

Graphic: Kik / Dan Kitwood (Getty Images) The Securities and Exchange Commission sued for anonymity On Tuesday, Bloomberg reported that Kik Interactive had claimed that the company's "Hail Mary Pivot" 2017 was an illegal, unregistered security offering to raise funds through a crypto currency sale. This sale was a first coin offering (ICO), a complex financial vehicle in which investors …

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