Telegram had planned to launch the Telegram Open Network, or TON, blockchain on Oct. 31, 2019. At that time, it planned to create 2.9 billion gram tokens, which sold to the general public. The SEC said that public sale would be an unregistered and illegal securities offering, and sued to block it.
-
-
French Financial Marks Authority Chairman Robert Ophèle said Europe needs a regulatory sandbox for security tokens. (Photo: AMF)‘Europe cannot afford to miss it’—French call for security token sandbox
The French Financial Markets Authority’s chairman warned the EU must remove ‘major legal obstacles’ or risk stifling the industry
AMF Chairman Robert Ophèle warned Europe faces a “chicken and egg” paradox when attempting to accommodate markets for security tokens. On one hand, it is too early to change “important” regulations because the market is yet to mature. However, doing nothing would risk stifling innovation.
-
Steven Seagal KOed by SEC
The martial arts actor agreed to pay more than $300,000 to settle Securities and Exchange Commission charges over his endorsement of a 2018 ICO
Seagal agreed to a $314,000 fine for failing to disclose that he had been promised $1 million in cash and cryptocurrency for promoting Bitcoiin2Gen's initial coin offering.
-
The Modern Consensus 100 Most Influential People in Crypto 2020
The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now
Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2020 is particularly rough. That’s because the industry didn’t just advance last year, it went mainstream. And that makes “influence” a lot harder to define.
