1
Oct

SEC hits Salt Lending with cease-and-desist over $47 million ICO

Salt Lending has been ordered to create a process by which investors in its $47 million initial coin offering (ICO). The SEC released a court order document today concerning Salt Blockchain Inc, or Salt Lending. Salt settled with the SEC in anticipation of the cease-and-desist order, according to the statement. The SEC ruled Salt violated Sections […]

1
Oct

Stripe to pay $120K to Massachusetts to resolve allegations stemming from PlexCoin ICO fraud

Stripe, the U.S.-based payment processor, moved to resolve allegations this week brought forward by the Massachusetts Attorney General’s office in relation to PlexCoin, a fraudulent initial coin offering. As previously reported, a grand jury indicted three residents of Quebec earlier this summer in connection with PlexCoin, charging them with wire fraud, conspiracy to commit securities […]

1
Oct

Avalanche Token Price Rises 10X Since $42 Million ICO

Avalanche (AVAX), a platform used for launching interoperable DeFi applications, has just seen a dramatic surge in activity after a recent exchange listing. The Avalanche token (AVAX) is now trading at $5.40—more than ten times its initial coin offering (ICO) price ($0.50)—but appears to be declining somewhat after hitting a peak price of $6.97 earlier […]

1
Oct

Morris Coin Review: Is Morris Coin ICO Fake? Here’s What to Know

Cryptocurrency investors, especially from India, are searching for Morris Coin review.  Morris Coin is one of those newly launched ICO projects trying to find a balance in the crypto industry.  An ICO, also called Initial Coin Offering, is an old method of financing a blockchain project in the crypto space. Other newer funding methods used […]