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ICO
Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay
Civil was supposed to create a more transparent and democratic model for journalism, but so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired.
SpankChain Has Paid Camgirls $70,000 Worth of Crypto in 6 Months
Since raising $6 million in a 2017 ICO, porn startup SpankChain has differentiated itself by actually delivering a crypto-powered platform with users.
Regulators Sue ICO Company That Falsely Claimed SEC Approval
The SEC is suing an ICO organizer and his company, alleging that they claimed the agency had approved its sale.
One Big Backer Is Propping Up Media Startup Civil's Struggling ICO
The token sale for Civil has brought in $1.34 million toward its $8 million minimum goal.
SEC Asks Court to Enforce Subpoena in ICO Inquiry
The SEC is trying to subpoena an investment trust company as part of a probe into alleged fraud involving claims of a $100 million ICO.
Australia's Securities Watchdog Has Halted 5 ICOs Since April
Australia's securities regulator said late last week that it has halted five initial coin offerings (ICOs) in as many months.
WeChat, Alipay to Block Crypto Transactions on Payment Platforms
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
Judge Issues Default Judgment in ICO Fraud Lawsuit
A federal judge ruled against Monkey Capital after finding it defrauded victims in an initial coin offering.
SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban
The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."
FinCEN Says It Now Receives 1,500 Crypto Complaints a Month
FinCEN receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a top official said Thursday.
