Bitcoin, Ethereum and Ripple Display More Stability in Q3 2019 – ExoAlpha Report

9分钟前
coingape

Why Bitcoin (BTC) Bears Might Be In For A Big Surprise

9分钟前
cryptodaily

Two More US Jurisdictions Launch Blockchain-Based Mobile Voting

9分钟前
cointelegraph

Galileo Financial Raises $77 million after 19 Years in the Making

15分钟前
cryptonewmedia

Dubai-based Emaar Properties to Roll out Its Customized Token

36分钟前
coinspeaker

Pi Network Review

39分钟前
cryptodaily

Bitcoin 'Greatest Gift' to Mankind, Says Former Google Africa CEO

1小时前
cryptoglobe

Poloniex Rebrands to Polo Digital Assets Following Circle Spin-Off

1小时前
financemagnates

German Minister Doubles Down on Statements Against Facebook’s Libra

1小时前
cointelegraph

Tesla Is to Begin Manufacturing Electric Vehicles in China

1小时前
cryptonewmedia

Blockchain Voting: 2 Oregon counties offer voting to military overseas

2小时前
bitcoinwarrior

Major Bitcoin Milestone: Only 3 Million BTC Left To Mine

2小时前
newsbtc

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

2小时前
cointelegraph

Buy High and Sell Low? Circle Dumps Poloniex As Crypto Market...

2小时前
newsbtc

Blizzard Bans Hearthstone Player, Blockchain Comes to Rescue

2小时前
cointelegraph

Buy High and Sell Low: Circle Dumps Poloniex Crypto Exchange

2小时前
newsbtc

Altcoin Miners Are Leaving Networks Due to Low Fees

2小时前
beincrypto

The Evolving Role of Exchanges

2小时前
coinspeaker

Cryptocurrencies Like Bitcoin Are Too Volatile to Store Value, G7 Says

2小时前
cryptoglobe

Cardano shares details of its partnership with New Balance to solve authenticity on the blockchain

3小时前
cryptoslate

Telegram moves TON blockchain launch date to 2020

3小时前
bitcoinwarrior

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

3小时前
cointelegraph

Binance Raises Maximum Leverage On Bitcoin Futures To 125x

3小时前
zycrypto

Trading Jam Activists Stage Protest Outside XTB Offices

3小时前
financemagnates

Poloniex Breaks From Circle, Offers 0% Trading Fees Until 2020

3小时前
beincrypto


SEC in Settlement Talks With ‘Fraudulent’ ICO Organizer Reg Middleton

coindesk

9天前前

The U.S. Securities and Exchange Commission (SEC) announced it has entered into settlement discussions with Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) initial coin offering (ICO).

In a filing with the New York Eastern District Court, published Oct. 2, the regulator said discussions with the defendants have taken place ahead of a pretrial conference.

This announcement comes on the heels of two settlements with the SEC over unregistered digital securities offerings. On Oct. 1, data storage startup Sia negotiated a $225,000 settlement over its $120,000 raise. On Sept. 30, EOS maker Block.One agreed to pay a $24 million penalty on a raise that totaled $4.1 billion.

According to the initial complaint, Middleton claimed VERI tokens were not securities and willingly mislead investors about the token’s potential value. He obfuscated his business plan and at several times referred to the tokens as “software” or compared them to prepaid gift cards to be used on a technological platform.

Middleton was further accused of manipulating the securities’ value post-ICO, and misappropriating at least $520,000 of investors’ money for personal use.

In 2017, Middleton claimed a hacker stole $8 million of funds raised during the ICO. The funds are still missing.

In an emergency action in August, the regulator froze Middleton’s assets and asked the court to ban him from operating a public company or participating in a digital asset securities offering.

On Oct. 8, Magistrate Judge Ramon E. Reyes reschedule the pre-trial conference for Nov. 14, to allow the parties to devote their resources to settlement.

123115947457 by CoinDesk on Scribd

若涉及版权问题,请联系:content@hashbee.com,我们将立刻撤下新闻内容

0个评论