Tag: Regulation

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SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one

October 1, 2019

The U.S. Securities and Exchange Commission has settled with Block.one for $24 million for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO). On Sept. 30, the SEC announced in a press…
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Court Orders Purported Crypto Company Longfin to Pay $6.7M Penalty

October 1, 2019

The U.S. District Court for the Southern District of New York ordered cryptocurrency company Longfin to pay a total of $6.7 million in penalties. The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties. Falsely obtained qualification for…
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