SEC charges media firms assoiated with billionaire Guo Wengui $539M over G-Coins ICO
The Securities and Exchange Commission (SEC) has sued three media firms backed by billionaire Chinese exile Guo Wengui for allegedly raising half a billion dollars through two unregistered securities offerings. GTV Media Group, Saraca Media Group, and Voice of Guo Media all sold stock from April to June 2020, according to an SEC order filed […]
Nasdaq for supply pricing feeds for DeFiChain tokenized stock trades
NASDAQ, along with Finnhub and Tiingo, will provide its price feeds to DeFiChain, an open-source decentralized financial infrastructure (DFI) platform based on the Bitcoin network. Despite the fact that tokenized equities have had a rocky few months from a legal standpoint, legacy financial institutions and proponents of decentralized finance (DeFi) have continued to sign new […]
SEC charges Rivetz over $18M for an illegal securities offering
Rivetz has been charged by the US Securities and Exchange Commission (SEC) with an alleged $18 million illegal securities offering. Rivetz was created in 2013, and the now-defunct blockchain hardware company is accused of raising $18 million from more than 7,200 investors through an unregistered securities offering between July and September 2017. Rivetz Corp., its […]
SEC Delays Ruling on VanEck’s Bitcoin ETF for a second time
The Securities and Exchange Commission (SEC) has prolonged its assessment of VanEck’s Bitcoin ETF for a second time. A decision will now be made in November, according to the schedule. The Securities and Exchange Commission (SEC) has prolonged its investigation of VanEck’s Bitcoin exchange-traded fund application for a second time. The regulatory authority announced yesterday […]
SEC releases new warning alert against crypto investment scams
The US Securities and Exchange Commission (SEC) has listed some factors such as the rising popularity of initial coin offerings, including cryptocurrencies, coins, and tokens, as one of the main reasons for investment scams. The Securities and Exchange Commission (SEC) of the United States has issued a fresh warning regarding investment schemes involving digital assets […]