In the present financial era value moves around the globe via esoteric financial instruments that may exist only on the Internet. Which means that today a robbery might be entirely virtual. Even though the value stolen is entirely real. That proposition underlies the SEC’s recent complaint against the two co-founders of a so-called “financial services… Read More >>
SEC Stops ICO Feared to Be Cryptocurrency Scam
In keeping with warnings over cryptocurrency-based investments, the SEC has acted to halt an initial coin offering (ICO) that the regulator alleges is a fraud targeting retail investors that professes to be the world’s first decentralized bank, officials say. The SEC filed a complaint in federal district court in Dallas, Texas on Jan. 25, which… Read More >>
