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  • Framework for “Investment Contract” Analysis of Digital Assets
    [1] 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, [2] you need to consider whether the U S federal securities laws apply A threshold issue is whether the digital asset is a "security" under those laws [3] The term "security" includes an "investment contract
  • Cyber, Crypto Assets and Emerging Technology - SEC. gov
    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 of the federal securities laws to the crypto asset market, and seeks to recommend practical policy measures that aim to foster innovation and protect investors The SEC’s Office of Strategic Hub for
  • Company Settles Unregistered ICO Charges After Self-Reporting to SEC
    The Securities and Exchange Commission today charged Gladius Network LLC with conducting an unregistered initial coin offering (ICO), which the company self-reported to the SEC According to the SEC’s order, Gladius conducted an ICO in late 2017, after the Commission had warned in its DAO Report of Investigation that ICOs can be securities offerings Gladius, a Washington, DC-based company
  • Statement on Cryptocurrencies and Initial Coin Offerings
    The cryptocurrency and ICO markets have grown rapidly These markets are local, national and international and include an ever-broadening range of products and participants They also present investors and other market participants with many questions, some new and some old (but in a new form), including, to list just a few: Is the product legal?
  • Framework for Investment Contract Analysis of Digital Assets
    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,2 you need to consider whether the U S federal securities laws apply A threshold issue is whether the digital asset is a “security” under those laws 3 The term “security” includes an “investment contract
  • SEC Charges ICO Issuer and Founder with Defrauding Investors
    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 Metavine, Inc ’s existing application-development software to run on a decentralized network of users’ own computers
  • Remarks at the Crypto Task Force Roundtable on Decentralized Finance
    Thank you and good afternoon [1] It is a great pleasure to be with you today Let me begin by thanking Commissioner Peirce and the Crypto Task Force for their organizing today’s event, and Commissioner Crenshaw and Commissioner Uyeda for their participation Of course, I very much thank the roundtable panelists and our moderator, Troy Parades, for their voluntary contribution of time and
  • SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using a . . .
    The Securities and Exchange Commission today charged convicted criminal Boaz Manor, his business associate, and two businesses, CG Blockchain Inc and BCT Inc SEZC, with raising over $30 million from hundreds of investors in a fraudulent initial coin offering (ICO)




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