Cryptocurrency Company LevelNet Hit With Cease And Desist Order In Vermont

ICO News, News, Regulation | June 5, 2018 By:

The Vermont Department of Financial Regulation has issued a cease and desist order against cryptocurrency startup LevelNet for violations related to the Vermont Uniform Securities Act.

According to the order, LevelNet is conducting an initial coin offering (ICO) seeking to raise money from investors across the country in exchange for their newly created cryptocurrency.


SEC Halts Alleged Fraud ICO From Titanium Blockchain That Has Already Raised $21 Million

Crime, ICO News, Investing, News | May 29, 2018 By:

The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S.  The court also approved an emergency asset freeze and the appointment of a receiver for Titanium Blockchain Infrastructure Services Inc.,  Read more  »

Monetary Authority Of Singapore Shuts Down Local ICO

ICO News, News, Regulation | May 25, 2018 By:

The Monetary Authority of Singapore (MAS), the country’s central bank, has shut down an unidentified initial coin offering (ICO) for allegedly offering unregistered securities.

In a release issued Thursday, MAS said it has directed an ICO issuer to stop offering digital tokens to Singapore-based investors after assessing that the issuer had contravened the country’s Securities and Futures Act (SFA),