Coinbase Racks Up SEC, California Business Oversight Complaints Alleging Lost Funds, Nonchalant Customer Service – Report

Investing, News, Regulation | June 20, 2018 By:

Coinbase has a history of not responding to customer complaints in a timely manner and often “disappeared” funds from accounts, according to a new report by website Mashable.

In a scathing article based on complaints filed to the SEC and the California Department of Business Oversight and obtained by Mashable through the Freedom of Information Act,

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tZERO, BOX Digital Seek SEC Approval For Security Token Exchange

Announcements, News | June 20, 2018 By:

Overstock’s subsidiary tZero and BOX Digital Markets are seeking approval from the US Securities and Exchange Commission (SEC) to launch the world’s first security token exchange.

Last month, the two companies entered into a letter of intent to negotiate an equal joint venture that would operate as a facility of the BOX Options Exchange for the trading of security tokens in the US.

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SEC Executive: Bitcoin and Ether Are Not Securities

Investing, News, Regulation | June 14, 2018 By:

A key executive at the US Securities and Exchange Commission said today that bitcoin and ether are not securities, but that many, but not all, ICOs are securities.

By determining which ICOs are securities, they would come under the SEC’s regulations.

“Central to determining whether a security is being sold is how it is being sold and the reasonable expectations of purchasers,”

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