If you have been reading cryptocurrency news lately, you would have noticed two significant things. The first is that the cryptocurrency market is down on its knees, throwing the entire industry into confusion. Secondly, cryptocurrency advocates are pointing to two factors as the cause of the bear market, Bitcoin Cash hard fork and the US … Continue reading “Crypto Expert: The US SEC Wasn’t the Cause for Downturn”
Airfox
US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)
Author Eric Van OrmanPosted on Categories Crypto Exchanges, Cryptocurrency, General, ICO, News, RegulationsLeave a comment on US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)The SEC wrapped up settlements with two ICOs on Friday and published their orders. The ICOs were Airfox and Paragon. Together, they raised over $10 million from a few thousand investors. Following the settlement, they’ll both have to pay a penalty of $250,000 and refund investors’ money. They must also register as securities and report … Continue reading “US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)”
