Tags : ICO

Regulation

SEC charges former 4chan favorite Rivetz over $18 million ICO

Rivetz has been charged by the US Securities and Exchange Comission (SEC) over its $18 million initial coin offering (ICO) in 2017, a recently released litigation show. The blockchain hardware firm was founded in 2013 and held an ICO in 2017, when the fundraising-via-coin mania was at its peak. More than 7,200 individuals invested in […]Read More

Regulation

EOS under fire over claims its ICO was a shady

During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high. But these expectations continue to go unfulfilled. A look at EOS’s […]Read More

Blockchain

Cosmos Upgrades to Stargate: Another 2017 ICO Very Nearly Completes

At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to […]Read More

Regulation

US DoJ charges tax evading ICO superstar who spent $10m

The founder of a high-flying ICO was charged by authorities in the US yesterday on charges of a massive tax evasion scheme. DoJ charges Oyster Pearl founder Amir Bruno Elmaani, the founder of Oyster Pearl, a storied 2017 ICO that raised millions in token sales before fizzling out like 98% of all the then-hyped coins, […]Read More