/ SEC Enforcement
U.S. Law Office Sued After Claiming Crypto Assets are “Not Securities”
According to Illinois state court documents filed on December 31st 2019, law firm Faegre Baker Daniels is being sued for “legal malpractice” after advice given ...
January 05, 2020
What Happens to ICO Issuers Who Can’t Pay SEC Penalties?
(This article was updated on November 21, 2019, to update the correct spelling of Mr. Philip Moustakis. The previous version of the article had an incorrect spelling of his last name.) A growing ...
November 21, 2019
Telegram Doesn’t Budge, Requests Court to Throw Out Case
On November 12th 2019, Telegram filed a response with a United States District Court. The firm has maintained the stance that its Grams tokens do not constitute securities and requested the court to ...
November 14, 2019
The SEC Received Over $4.3 Billion from Penalties in 2019
According to the U.S. Securities and Exchange Commission’s (SEC) Annual Report for the fiscal year 2019, more than $4.3 billion were collected due to disgorgement and penalties. Out of the funds ...
November 06, 2019
Telegram: The SEC’s Position is “Unreasonable and Wholly Unnecessary”
Telegram has responded to the recent SEC filing which alleges that its $1.7 billion ICO was an unregistered securities offering. Telegram remains persistent that its Grams tokens are not securities, ...
October 18, 2019More from The Tokenist / SEC Enforcement
PlexCoin Ordered to Pay Almost $7 Million After Fraudulent ICO
October 04, 2019
Kik Shuts Down Messenger App in Prep to Fight SEC
September 25, 2019
SEC Sues ICOBox After $14 Million ICO, Claims Asset is “Virtually Worthless”
September 20, 2019
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