Block.one illegally sold securities to build the EOS cloud computing service, SEC finds

2019-10-1 16:48

The firm behind blockchain-powered cloud computing service EOS must pay $24 million for violating US securities law with its initial coin offering (ICO). “Block. one did not register its ICO as a securities offering pursuant to the federal securities laws, nor did it qualify for or seek an exemption from the registration requirements,” said the US Securities and Exchange Commission (SEC) via a press release.

The SEC highlighted the publishing of its investigation into autonomous blockchain firm “The DAO,” which clearly detailed its position on how tokens like EOS fit in with US securities law, especially with concern to ICOs. Still,…

This story continues at The Next Web

.

Similar to Notcoin - Blum - Airdrops In 2024

DID (DID) на Currencies.ru

$ 7.683E-5 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.00 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Доступно / Всего 0 DID

securities eos sec law one did block

Источник: thenextweb.com

securities eos → Результатов: 16

Block.One escapes with ‘slap on the wrist’ $24 million charge for EOS ICO; SEC going soft?

The SEC is losing its touch. On 30 September, the Securities and Exchange Commission [SEC] issued a notice announcing that Block. One, the company behind the seventh largest cryptocurrency in the market, EOS, and facing a multi-million dollar charge, had “settled” a charge with the the SEC for operating an “unregistered initial coin offering.

2019-10-1 16:30	SEC
sec charge eos block ico one soft

‘Excited’ Block.One Settles $24 Million SEC Penalty for Naughty EOS ICO

The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block. one. Yesterday brought equal measures of hope and despair for the cryptocurrency market.

2019-10-1 16:03	EOS
sec penalty million block one cryptocurrency excited

EOS up by 9% as SEC fines Block.One $24 million

In the latest press release shared by the United States’ Securities and Exchange Commission, blockchain-based company and creator of EOS, Block. One, is obligated to pay a penalty of $24 million.

2019-10-1 11:00	SEC
million one block company eos release penalty

US Securities and Exchange Commission Settles with EOS

In a $24 million settlement, EOS was off the hook for its ICO, which was deemed the sale of unregistered securities.

2019-10-1 10:59	News
eos securities hook ico unregistered sale deemed

Фото:

EOS Price Shoots Up 10% Following Block.One SEC Settlement

The Securities and Exchange Commission has come to a settlement agreement with blockchain company Block. one over the yearlong token sale for EOS. It was the largest token sale of the year raising over $4 billion so naturally attracted the attention of regulators.

2019-10-1 08:06	SEC
block one sec settlement eos shoots sale

EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale

Block.One will pay $24 million after settling charges that it operated an unregistered securities sale with its $4.1 billion EOS raise.

2019-10-1 01:54
unregistered securities sale eos one block charges

Фото:

SEC Settles Charges with Block One of EOS

America’s Securities and Exchanges Commission (SEC) has just announced settled charges against Block. one, the company behind EOS, for raising billions in an ICO in 2017 over approximately one year.

2019-10-1 01:50	News
one sec block eos charges settles 2017

Are Ripple's XRP, Stellar, and EOS Securities? Top Crypto Exchanges Join Forces to Determine This

Coinbase, Kraken and other US crypto exchanges have formed a council to determine which cryptocurrencies are more likely to be securities

2019-9-30 17:17
crypto exchanges securities determine council formed cryptocurrencies

Фото:

EOS Block Producer Purchases Voice.com Domain for $30 Million

As part of its broader plans to make its decentralized social media platform Voice hugely successful, EOS block producer, Block. one has purchased the Voice. com domain name from MicroStrategy for a whopping $30 million, according to a filing published by the United States Securities and Exchange Commission (SEC) on June 18, 2019.

2019-6-20 15:00	EOS
voice block microstrategy eos domain producer million

Фото:

Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more

It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet.

2019-4-1 10:51	hard fork
decision bitcoin cryptocurrency sec time made bithumb

Фото:

Hoskinson: SEC Will Crackdown on EOS

The public face of Cardano (ADA), Charles Hoskinson, believes the chief developer of the EOS platform will face a significant backlash from regulators – particularly the US’ Securities and Exchange Commission – over their $4bn ICO, which he described as “egregious.

2018-12-12 21:10	US regulation
hoskinson eos sec face crackdown likely bring

Fidelity Investments looking to expand its upcoming crypto trading platform with XRP, Bitcoin Cash, EOS, Stellar, and Litecoin

DJ Khaled and Floyd Mayweather reach settlement with the SEC regarding CentraTech controversy Popular rapper and music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission this Thursday with promoting initial cryptocurrency coin offerings without revealing that the promotion was paid.

2018-12-1 22:18	Crypto Journal
mayweather stellar eos investments khaled fidelity floyd

Report: Cryptocurrencies Should Be Governed by Current EU Financial Laws

The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.

2018-10-23 00:41	Regulation
report tokens financial transferable these covered should

Фото:

Morgan Creek, Bitwise Team Up to Launch Digital Asset Index Fund

Morgan Creek, a capital management company that oversees more than $1. 5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.

2018-8-28 21:06	Investing
fund index asset digital bitwise morgan creek

Ripple [XRP], Tron [TRX], IOTA [MIOTA] securities, EOS [EOS] is a utility, says Kyle Samani

Kyle Samani, the Managing Partner at Multicoin Capital, laid down his reasons for why 5 of the top 10 cryptocurrencies are securities. This comes after the SEC took a somewhat concrete stance on the position of cryptocurrencies as securities.

2018-6-18 18:20	News
securities eos samani cryptocurrencies kyle sec position

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

BNB Beacon Chain prepares to upgrade, hard fork will boost bridge security

The BNB Beacon Chain, which Binance manages, is preparing for an upcoming hard fork that will introduce substantial enhancements to its blockchain network's security and functionality

Ethereum Developers Cement Final Lineup of Changes in ‘Dencun’ Upgrade

Proto-danksharding is at the heart of the package, with other improvements for storage on-chain, as well as minor code changes related to the Ethereum Virtual Machine.

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two

Ethereum’s Shapella hard fork executed on mainnet

After months of delays, Ethereum validators can finally withdraw their staked Ether and rewards from the Ethereum mainnet.

DefiLlama resolves internal conflict, quelling ‘hostile takeover’ accusations

Decentralized finance analytics platform DefiLlama has resolved an internal conflict that threatened to result in a "forking" of the platform.

BNB beacon chain testnet upgrade to go live in January

BNB beacon chain testnet is set to undergo a hard fork upgrade dubbed Einstein next week. It requires all node operators to update their software before the process begins. Einstein upgrade to go live in January The largest crypto exchange…

Ethereum core devs to discuss getting EIP-4844 considered for inclusion

OP Labs CEO liam.eth has announced an Ethereum core devs meeting today to discuss getting EIP-4844 to be considered for inclusion (CFI), says CFI does not imply inclusion in a hard fork. ETH Core devs deliberating EIP-4844 inclusion Liam.eth, the…

Top

Russian news

Moscow

Ads
- Russian Banks