Former SEC Attorney Outlines Agency’s Approach to ICO Investigations

Crime, FinTech, Investing, News, Regulation | September 1, 2017 By:

A former Securities and Exchange Enforcement Division attorney said “disgruntled investor” complaints are the chief red flag that may prompt an SEC investigation on initial coin offerings (ICO).

Speaking on the podcast Epicenter, former SEC attorney Nick Morgan told co-hosts Brian Fabian Crain and Sebastien Couture how certain ICOs warrant scrutiny from the government agency.


Protostarr Shutters Because of SEC Concerns

Announcements, Blockchain, Investing, News, Regulation | August 29, 2017 By:

Virginia-based Protostarr is shutting down operations and refunding money collected from its August 13 crowdsale after notice from the US Securities and Exchange Commission. The service planned to allow investors to fund rising stars on video outlet YouTube and gamer site Twitch.

The move is the latest action by the SEC as it increasingly focuses on initial coin offerings and cryptocurrency issues.