Syniverse has disclosed it was the victim of an ongoing breach that began in May 2016.
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December 2020 News Update
An update on news from December 2020.
SEC Files Lawsuit Against Ripple For Unregistered Sale Of Digital Asset XRP
The SEC has filed a lawsuit against Ripple Labs Inc. and two of its executives, alleging the sale of digital assets known as XRP in a years-long unregistered securities offering to investors in the U.S. and worldwide.
News Update: Cryptocurrency & Cryptocurrency Regulation
An update on news related to cryptocurrency and the regulation of digital coins and tokens and cryptocurrency exchanges and trading platforms.
News Update: Cryptocurrency & Cryptocurrency Regulation
An update on news related to cryptocurrency, the regulation of digital coins and tokens, and cryptocurrency exchanges and trading platforms.
Blockchain of Things, Inc. Reaches Settlement With SEC Over Unregistered Initial Coin Offering, Must Pay $250,000 Fine
The U.S. Securities and Exchange Commission and Blockchain of Things, Inc. (BCOT) have agreed to a settlement over an initial coin offering. The SEC concluded that BCOT violated the Securities Act by offering and selling securities without having a registration statement filed or in effect with the SEC or qualifying for exemption from registration. BCOT must pay a civil monetary penalty in the amount of $250,000.00.
Initial Coin Offering Lawsuit: SEC v. Kik
The U.S. Securities and Exchange Commission has filed a lawsuit against Kik Interactive Inc. for the offer and sale of unregistered securities. In its complaint, the SEC alleges that Kik, over a five-month period in 2017, offered and sold one trillion digital tokens called “Kin.” This initial coin offering, the SEC alleges, violated Section 5(a) and (c) of the Securities Act of 1933.