Framework for “Investment Contract” Analysis of Digital Assets
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 …
SEC.gov | Cyber, Crypto Assets and Emerging Technology
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 …
Unregistered $25.5 Million ICO Issuer to Return Money for …
May 28, 2020 · BitClave emphasized its expectation that the tokens would increase in value, and took steps to make the tokens available for trading on third-party digital asset trading platforms …
Statement on Cryptocurrencies and Initial Coin Offerings
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 …
SEC Charges ICO Issuer and Founder with Defrauding 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 …
SEC Charges John McAfee With Fraudulently Touting ICOs
Oct 5, 2020 · The complaint alleges that Watson assisted McAfee by negotiating the promotion deals with the ICO issuers, helping McAfee cash out the digital asset payments for the …
SEC Statement Urging Caution Around Celebrity Backed ICOs
Nov 1, 2017 · Joint statement by the SEC Division of Enforcement and the SEC Office of Compliance Inspections and Examinations on the potentially unlawful promotion by celebrities …
Two ICO Issuers Settle SEC Registration Charges, Agree to Register ...
Nov 16, 2018 · Today’s cases follow the Commission’s first non-fraud ICO registration case, Munchee, Inc. The Commission did not impose a penalty or include undertakings from …
Spotlight on Initial Coin Offerings and Digital Assets - SEC.gov
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 …
SEC Halts Fraudulent Scheme Involving Unregistered ICO
Apr 2, 2018 · The SEC's complaint alleges that Sohrab “Sam” Sharma and Robert Farkas, co-founders of Centra Tech. Inc., masterminded a fraudulent ICO in which Centra offered and …