Category: Tom Cleveland

Crypto ICOs showing a comeback, after major drop off in 2018
December 14, 2018 BY Valentina Kirilova

U.S. Congressman plans legislation to classify ICOs as “Products”

Initial Coin Offerings (ICOs) have gotten a bad reputation due to rampant fraud and the lack of transparency. Regulators, in their attempt to protect unsuspecting investors, have launched attacks to classify all cryptocurrencies, with the exception of Bitcoin and Ether, as securities and thereby subject to more stringent registration and disclosure requirments. The SEC has…

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December 05, 2018 BY Valentina Kirilova

SEC loses bid for temporary injunction of Blockvest Crypto ICO

Crypto enthusiasts were cheering what many reports were calling a “Monumental” ruling by a Federal Court. The court ruled in favor of Blockvest, a crypto Initial Coin Offering (ICO) that was still in its initial testing phase, well before any real investing had ever taken place. The U.S. Securities and Exchange Commission (SEC) had shuttered…

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SEC Annual Report reveals a preoccupation with misconduct in ICOs
December 05, 2018 BY Valentina Kirilova

SEC Annual Report reveals a preoccupation with misconduct in ICOs

The Securities and Exchange Commission (SEC) recently released its fiscal Annual Report for 2018, which outlined the five principles that will guide its assessment of its performance, but which also revealed an accelerated focus on digital assets, with a primary emphasis on Initial Coin Offerings (ICOs). The ICO space has been perceived as the “Wild…

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ICO fraud
December 04, 2018 BY Valentina Kirilova

The anatomy of an Initial Coin Offering (ICO) fraud

Cryptocurrency articles proliferate the headlines these days, but more often than not, the subject matter deals with victims and the losses they have sustained at the hands of clever conmen. Per one insider: “As fascinating as the crypto-sphere might be, it’s definitely not a place for the faint-hearted. Sure, cryptocurrencies have taken the world by…

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shopping
December 04, 2018 BY Valentina Kirilova

Holiday Shoppers: Downloadable apps may have Scama-Claus inside

You better watch out, you better not cry, cause Scama-Claus is coming to town! Security professionals across the globe sing this catchy little jingle every holiday season, and for good reason. As shopping for gifts for loved ones increases, both online and off, the propensity for holiday rip-offs also escalates exponentially. Crooks have been preparing…

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