Crypto-industry became controversial for its strong side. Fact that the transactions are quick and easy to conduct, a big amount of money can be transferred without the possibility of tracing it or without knowing where it goes. This has given the best opportunity to scammers as they make people believe to act accordingly while offering them initial coins,
The US Securities and Exchange Commission (SEC) has fined professional boxer Floyd Mayweather Jr. and music producer DJ Khaled for “unlawfully touting” initial coin offerings (ICO).
According to the SEC, Mayweather failed to disclose promotional payments from three ICO issuers,
The US Securities and Exchange Commission today announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering.
In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO,
A class action lawsuit has been filed against Centra Tech over an initial coin offering (ICO) that raised $32 million last month. The suit alleges the company misled investors about its relationships with two major credit card networks and created fake team members on its website.