The SEC is dedicated to protecting investors in crypto markets and from cyber-related threats. The SEC's Crypto Task Force seeks to help the Commission provide clarity on the application of the federal securities laws to the crypto asset market, and seeks to recommend practical policy measures that aim to foster innovation and protect investors.

Jan 6, 2022 · In this offering, which occurred between January and April 2018, Sproule told investors that the ICO proceeds would be used to develop a new technology that would enable Metavine, Inc.’s existing application-development software to run on a decentralized network of users’ own computers.

Dec 11, 2017 · The cryptocurrency and ICO markets have grown rapidly. These markets are local, national and international and include an ever-broadening range of products and participants. They also present investors and other market participants with many questions, some new and some old (but in a new form), including, to list just a few:

I. Introduction. If you are considering an Initial Coin Offering, sometimes referred to as an "ICO," or otherwise engaging in the offer, sale, or distribution of a digital asset, you need to consider whether the U.S. federal securities laws apply.

Apr 2, 2018 · ICO Updates. Digital Asset Transactions: When Howey Met Gary (Plastic) June 14, 2018; SEC Names Valerie A. Szczepanik Senior Advisor for Digital Assets and Innovation June 4, 2018; SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme May 29, 2018; The SEC Has an Opportunity You Won’t Want to Miss: Act Now! (May 2018)

If you are considering an Initial Coin Offering, sometimes referred to as an “ICO,” or otherwise engaging in the offer, sale, or distribution of a digital asset,2 you need to consider whether the U.S. federal securities laws apply. A threshold issue is whether the digital asset is a

Feb 20, 2019 · The Securities and Exchange Commission today charged Gladius Network LLC with conducting an unregistered initial coin offering (ICO), which the company self-reported to the SEC. According to the SEC’s order, Gladius conducted an ICO in late 2017, after the Commission had warned in its DAO Report of Investigation that ICOs can be securities ...

Sep 30, 2019 · “Block.one did not provide ICO investors the information they were entitled to as participants in a securities offering,” said Steven Peikin, Co-Director of the SEC’s Division of Enforcement. “The SEC remains committed to bringing enforcement cases when investors are deprived of material information they need to make informed investment ...

Jun 22, 2021 · As stated in the order, in promoting the ICO, Loci and Wise made numerous materially false statements to investors and potential investors, including false statements concerning the company’s revenues, number of employees, and InnVenn’s user base. The order finds that Wise misused $38,163 in investor proceeds to pay his personal expenses.

Jun 26, 2020 · The Securities and Exchange Commission announced today that it obtained court approval of settlements with Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc. to resolve charges that Telegram's unregistered offering of digital tokens called "Grams" violated the federal securities laws.