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Showing 1 - 10 of 11 results for "ICOs"

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... protections required of licensed providers," it warned investors. Many investors are buying and selling cryptocurrencies and ICOs on platforms that are not regulated. Investors are therefore not protected if the platform fails or is hacked, and cannot ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... "wholeheartedly" endorsed the ICO. "These promotions came six months after the SEC's 2017 DAO Report warning that coins sold in ICOs may be securities," the SEC said. "The SEC has also advised that, in accordance with the anti-touting provisions ...

Celebrities cop $1m crypto fine

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... have settled charges brought against them by the SEC for failing to disclose payments they received to tout investments in ICOs in 2017. Mayweather did not disclose payments received from three ICO issues, including an amount of $100,000 from Centra ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... of ASIC's requirements and requests, to the best of its ability." Just last month ASIC issued a warning against misleading ICOs and crypto-asset funds targeting retail investors. The watchdog said it has taken action to stop several proposed ICOs and ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... and their advisers whose conduct or statements may be misleading to investors. As a result, some issuers have halted their ICOs or promised ASIC to modify their structures, the regulator said. "If you are acting with someone else's money, or selling ...

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
... Ellerston Capital portfolio manager. Its inaugural fund, DigitalX Investments, will invest mainly in cryptocurrencies but allow ICOs, crypto derivatives, cash, and managed investment schemes. "We believe cryptocurrencies are under-researched by mainstream ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... companies as they raise capital to deliver their vision," DigitalX chief executive Leigh Travers said. "Demand for high quality ICOs is growing in 2018 and DigitalX is pleased to be working with companies that already have an established global market ...

EY issues ICO theft warning

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... is conducive to illegal activity, where perpetrators target jurisdictions regulators take a "light touch approach toward ICOs," the report said. EY also found there were no real market fundamentals behind ICOs and were driven by investors' fear of missing ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... $50,000 buy-ins to invest and actively manage digital currencies, other blockchain-based assets and initial coin offerings (ICOs); and independent wealth management firm deVere Group introduced a cryptocurrency app to store, transfer and exchange five ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
The International Organisation of Securities Commissions warns Initial Coin Offerings (ICOs) have clear risks and are highly speculative investments. IOSCO, seen as the global standard setter for securities regulation, said ICOs are not standardised ...
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