Yuga Labs – the team behind the popular Bored Ape Yacht Club (BAYC) NFT collection – is now under investigation by the Securities and Exchange Commission (SEC). The commission is examining whether the...
Tag: Unregistered
Crypto Firm Hydrogen Tech Faces SEC Charges For Selling Unregistered Securities
The cryptosphere has one of its entities running into some major issues with the regulators. The U.S. Securities and Exchange Commission has been quite busy these days going after companies. This time...
SEC Charges Crypto Firm Hydrogen Technology With Market Manipulation, Selling Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has filed charges against The Hydrogen Technology Corporation, accusing it of “effectuating the unregistered offers and sales of crypto asset securiti...
SEC Charges Crypto Firm Hydrogen Technology With Selling Unregistered Securities ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission has charged The Hydrogen Technology Corporation with “violating the registration, antifraud, and market m...
SEC Charges Crypto Influencer Ian Balina Over Unregistered ICO in 2018
The U.S. Securities and Exchange Commission (SEC) has charged crypto influencer Ian Balina, alleging the crypto personality did not file a registration statement with the commission for his offering a...
SEC Charges Crypto Influencer for Not Disclosing Incentive to Promote Unregistered ICO
The United States Securities Exchange Commission (SEC) has filed a lawsuit against prominent crypto influencer, investor, and entrepreneur Ian Ballina over an initial coin offering (ICO) dating back t...
Sparkster Settles SEC Charges for Unregistered ICO, Agrees to Pay $35M to ‘Harmed Investors’
Sparkster, a crypto firm based in the Cayman Islands, and its CEO, Sajjad Daya, on Monday agreed to pay more than $35 million in a settlement with the U.S. Securities and Exchange Commission (SEC) ove...
U.S. SEC Charges Crypto Firm Sparkster Over Unregistered $30M ICO Sale
The United States Securities and Exchange Commission (SEC) has sued Cayman Islands-based software development firm Sparkster Limited for conducting an unregistered token sale that generated about $30 ...
ICO Promoter Ian Balina Faces Lawsuit From SEC for Unregistered Securities Offering
The U.S. Securities and Exchange Commission charges Token Metrics CEO Ian Balina with offering unregistered securities in 2018. According to the SEC complaint, Balina promoted SPRK tokens while failin...
SEC Files Lawsuit Against Token Metrics Founder for Promoting and Offering Unregistered Securities ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) has slammed Ian Ballina, the founder of Token Metrics, with a lawsuit alleging that his involvement...
UK watchdog warns crypto firm FTX is unregistered — it could be a scam
Bahamas-based FTX has responded to the UK’s Financial Conduct Authority (FCA) warning that the crypto firm is operating unauthorized in the country. According to an FTX spokesperson, the phone numbers...
SEC Charges Crypto Influencer for Promoting Unregistered ICO
Influencer and crypto promoter Ian Balina latest to be targeted by the SEC According to the SEC, Balina agreed to invest around $5 million in the Sparkster offering and promote the offered SPRK tokens...
SEC and Ripple each seek ruling in long-running unregistered securities case
Ripple and the Securities and Exchange Commission (SEC) have each asked for a swift judgment in the regulator’s case against the crypto firm over its sale of XRP tokens. Both the plaintiff and t...
Chicago Crypto Capital Employees Sued by SEC for Fraud & Unregistered Offering Sale
DeFi advisory firm. Chicago Crypto Capital and its three employees are being sued by the Securities Exchange Commission (SEC) for fraud and conducting an unregistered offering. The SEC has filed a law...
Ontario Securities Commission Flags Kucoin, Other Crypto Firms as Unregistered
The Ontario Securities Commission (OSC) today issued an alert flagging 13 companies that “are not registered to deal or advise in securities in Ontario,” including the Seychelles-based MEK Global Limi...
Canadian Securities Exchange Commission Flags Unregistered Crypto
The Ontario Securities Commission (OCS) has issued a consumer alert warning residents against unregistered cryptocurrency platforms. The Commission’s most recent warning comes in a series of actions t...
Ontario Securities Commission Warns Unregistered Exchanges
Exchange News The OSC imposed trading restrictions in 2021 on centralized crypto exchanges. Binance declared in March of this year that it will no longer accept Ontarian residents. A total of 13 firms...
Canada Issues Warnings on Unregistered Crypto Companies
The Ontario Securities Commission (OSC) in Canada has issued another consumer alert warning residents of unregistered crypto platforms, including three KuCoin-related companies. The OSC’s latest warni...
FCA highlights limited role as unregistered businesses continue to operate
The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the...
Bangko Sentral ng Pilipinas Warns the Public About Unregistered VASPs
The Central Bank of the Philippines also known as the Bangko Sentral ng Pilipinas (Bangko Sentral) has issued a warning to citizens urging them to stay away from unregulated virtual asset service prov...
South Korea to block 16 unregistered foreign crypto exchanges
South Korea’s Financial Services Commission (FSC) reported 16 foreign crypto exchanges to investigative agencies for violating the Specific Financial Information Act, news1 reported on August 18. Acco...
South Korea Threatens 16 Unregistered Crypto Exchanges With Fines, Imprisonment
Key Takeaways Korea’s Financial Intelligence Unit announced Thursday that it had found 16 foreign-based cryptocurrency exchanges operating illegally in the country. The agency reported the unreg...
SEC Sues Dragonchain Over Unregistered Crypto Asset Securities
The founder of Dragonchain and related entities are facing the U.S. Securities and Exchange Commission allegations that they violated federal anti-fraud provisions for their roles in raising $16.5 mil...
U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO
The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 mil...
Fox Business Journalist Says SEC Has Until 2024 to Penalize Ethereum For Conducting Unregistered ICO
– Advertisement – Will the SEC penalize Ethereum for its unregistered ICO? Only time will tell… With the SEC claiming that all crypto assets except Bitcoin fall under its jurisdiction, E...
SEC Charges Dragonchain With Selling $16.5 Million In Unregistered Securities ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission has pressed charges against Dragonchain for allegedly raising over $16 million in an offering of unregist...
SEC Vs. Dragon – Dragonchain Gets Sued For $16.5 Million ‘Unregistered’ Token ICO
The U.S. Securities and Exchange Commission announced charges against organizations associated with Dragonchain as well as its chief architect John Joseph Roets for allegedly generating $16.5 million ...
SEC Slams Dragonchain With Lawsuit for Selling Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has filed charges against entities related to Dragonchain along with the founder and controlling person, John Joseph Roets, alleging that the defendan...
SEC Files Complaint Against Dragonchain for Unregistered Initial Coin Offering
The complaint alleges CEO John Roets, along with three Dragonchain entities, violated the Securities Act by raising millions of dollars from the sale of dragon (DRGN) tokens in an initial coin offerin...
SEC Charges Dragonchain for Selling Unregistered Securities
Key Takeaways The SEC is charging Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and Dragonchain founder and CEO Joe Roets for allegedly selling unregistered securities. The agency claim...
Uzbekistan blocks access to foreign crypto exchanges over unregistered trading
The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international cry...
Binance Delists Ethereum-Based Token After SEC Declares It an Unregistered Security in Coinbase Complaint
The US arm of crypto exchange Binance removed Amp (AMP) on its platform as federal regulators claim that the Ethereum (ETH) token is an unregistered security. In a new statement, the exchange says tha...