• Cryptocurrencies,  Regulation

    SEC warns investors about initial exchange offerings

    IEOs are the new ICOs, and the financial watchdog wants investors to take heed

    The Securities and Exchange Commission issued an alert Tuesday, urging investors to proceed with caution before investing in IEOs through online trading platforms—which often tout themselves as exchanges—especially when those platforms are located overseas. 

  • Cryptocurrencies,  Regulation,  United States

    SEC: Telegram lied about its ICO

    The Securities and Exchange Commission is ‘deeply troubled’ by blockchain developer’s refusal to turn over bank records; Telegram condemns the SEC’s ‘scorched earth’ attack on SAFT utility token sales

    The U.S. Securities and Exchange Commission asked a judge on Thursday to make messaging service turned blockchain developer Telegram open its books in an effort to stop what it believes is an illegal securities offering. Telegram raised $1.7 billion in the first quarter of 2018 by pre-selling 2.9 million gram tokens.

  • Lies, lies, lies, yeah—They're gonna get you (via Pixabay).
    Uncategorized

    Telegram to SEC: Liar, liar, pants on fire!

    The maker of the TON blockchain’s whiny response to the agency’s lawsuit stopping a $1.7 billion token sale is the latest example of the industry’s willingness to fight the Securities and Exchange Commission

    The Securities and Exchange Commission doesn’t understand cryptocurrencies, is unfair, and is out of touch with what its own commissioners are saying in public.

  • Sad clown is sad (via Pixabay).
    Alt coins,  United States

    SEC gives Telegram TON of trouble

    U.S. Securities and Exchange Commission lawsuit will delay the Gram cryptocurrency sale scheduled for October 31

    In the wake of a lawsuit by the U.S. Securities and Exchange Commission, messaging service Telegram told backers that it would likely postpone the public launch of its Gram token.