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SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval

SEC

The Securities and Exchange Commission today announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed was approved by the SEC. The order also halts ongoing pre-ICO sales by the company, Blockvest LLC and its founder, Reginald Buddy Ringgold, III. An SEC complaint unsealed yesterday […]

Bittrex Partners With Trading Firm on Crypto Securities Offering

Bittrex

U.S.-based cryptocurrency exchange Bittrex is partnering with a regulated alternative trading system (ATS) with the aim of ultimately launching trading in crypto securities. In an announcement Thursday, Bitrex said it is working with Rialto Trading, which currently offers fixed-income products for traders, to gain regulatory approval to support “blockchain-based securities,” according to a press release. If […]

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