Crypto Assets - SEC.gov
Oct 10, 2024 · The Securities and Exchange Commission filed a settled cease-and-desist proceeding against ShipChain, Inc. for conducting an unregistered initial coin offering of digital tokens, pursuant to which ShipChain agreed to pay a $2,050,000 penalty, transfer tokens in ShipChain's possession or control, publish notice of the order, and request removal ...
SEC CHARGES QUANTSTAMP, INC. IN $28.35 MILLION INITIAL …
July 21, 2023 – The Securities and Exchange Commission today announced charges against Quantstamp, Inc., headquartered in San Francisco, California, for conducting an unregistered initial coin offering (ICO) of crypto asset securities. Quantstamp agreed to settle the charges by disgorging proceeds from the offering and paying a civil penalty.
Statement on Cryptocurrencies and Initial Coin Offerings
Dec 11, 2017 · These are key hallmarks of a security and a securities offering. By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements and other investor protection provisions of our federal securities laws.
SEC Bars Perpetrator of Initial Coin Offering Fraud
Aug 14, 2018 · The Securities and Exchange Commission today obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.
Spotlight on Initial Coin Offerings and Digital Assets
Apr 2, 2018 · SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme May 29, 2018; The SEC Has an Opportunity You Won’t Want to Miss: Act Now! (May 2018) Chairman Clayton’s Statement on Cryptocurrencies and Initial Coin Offerings (Dec. 2017) Sample Questions for Investors Considering a Cryptocurrency or ICO Investment Opportunity (Dec. 2017)
SEC Halts Alleged Initial Coin Offering Scam
Jan 30, 2018 · The SEC’s Office of Investor Education and Advocacy issued an Investor Alert in August 2017 warning investors about scams of companies claiming to be engaging in initial coin offerings. Last Reviewed or Updated: Jan. 30, 2018
SEC.gov | SEC Emergency Action Halts ICO Scam
Dec 4, 2017 · The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a …
SEC Obtains Emergency Order Halting Fraudulent Coin Offering …
May 29, 2018 · The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S.
SEC Halts Fraudulent Scheme Involving Unregistered ICO
Apr 2, 2018 · The Securities and Exchange Commission today charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year. Criminal authorities separately charged and arrested both defendants.
Framework for “Investment Contract” Analysis of Digital Assets
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, you need to consider whether the U.S. federal securities laws apply.