ICO

[Featured Content]Guarda was officially registered in the European Union back in 2017 and has been focusing on building an ecosystem of blockchain-related products ever since.The company has an FIU license under the registration number FVR000109 for virtual currency against fiat currency exchange, and it’s compliant with the regulations of each jurisdiction where it operates.It has an extensive list of products, and it’s among the well-known companies in the field. Its portfolio...

Yesterday, Live Bitcoin News reported that Jack Abramoff – a notorious lobbyist – had pled guilty to fraud and now faces potential jail time following charges from the Securities and Exchange Commission (SEC). Now, it appears Abramoff’s alleged partner in crime – Rowland Marcus Andrade – is the subject of a potential extortion campaign. At least that’s what he’s claiming.Andrade: I’m the Victim, HereBoth Andrade and Abramoff were potentially involved in a phony initial coin offering (ICO) for...

Crypto fraud has always been a big part of the industry. Many fans hate to admit that, and today marks a new case as Jack Abramoff – a Washington insider who ultimately served time in prison for his role in a lobbying scandal – has been charged with lobbying for a phony digital currency project.Abramoff Could Face Prison TimeAbramoff has agreed to plead guilty to both violating the Lobbying Disclosure Act and to conspiracy. He could spend as many as five years in jail once the conviction is...

An SEC suit against allegedly fraudulent ICO was recently put on pause by US federal judge. Prosecutors have interfered because a parallel criminal investigation against the alleged scammers was also on the go.The Court Put On Hold A $30 Million Crypto Investment ScamA New Jersey Federal Judge has ordered the pause of SEC’s proceedings against Edith Pardo and Boaz Manor. Recently they were alleged by the Security and Exchange Commission to have raised “over $30 million” through the crypto...

Distributed storage might not sound like the most enthralling topic, but the ongoing battle for dominance among competing protocols is likely to have far-reaching consequences for 4.5 billion active web users.At present, two entities are vying for supremacy, with BitTorrent File System (BTFS) going up against InterPlanetary File System (IPFS). Though the raison d’etre of each protocol is virtually identical, with each project promising to usher in a safer, more secure internet, this is a...

Initial coin offerings (ICOs) indicted by the U.S. Securities and Exchange Commission (SEC) may see a significant reduction in fines owed following a recent Supreme Court ruling.Apex Court Caps SEC Disgorgement AbilityAccording to Bloomberg, the U.S. Supreme Court issued a ruling on Monday (June 22, 2020), placing a cap on the disgorgement sought by the SEC in fraud cases. As part of the court’s decision which came by way of an 8-to-1 majority, the Commission can no longer seek disgorgement...

The flash sale of FC Barcelona’s BAR token, which looks like a flashy wording for an Initial Coin Offering, carried out on the platforms Chilliz and Socios, sold 600,000 tokens priced at 2EUR each in less than two hours.Barça Supporters Now Own 600 000 “Barça Fan Tokens”One of the biggest football clubs in the world, FC Barcelona, has sold its first tokens in a very short time. In a Monday flash sale, supported by token platforms Chiliz.net and Socios.com, 600 000 Barça Fan Tokens at a set...

A former chairman of the Commodity Futures Trading Commission – Chris Giancarlo – has come to the defense of Ripple and claimed that it is not a security.Chris Giancarlo: Leave XRP AloneRipple has been at the center of a controversial class-action lawsuit for many months, now. Several early investors claim that the company has lied about the currency’s status as a non-security. One investor has even gone so far as to claim that Ripple is a never-ending initial coin offering (ICO).To be fair,...

Pro traders who eat, sleep, and swap Bitcoin 24/7 now have no excuse straying out of the loop.Derivatives exchange Bybit has introduced custom alerts for users of its trading app, providing on-the-go notifications around the clock.For traders whose edge is predicated upon executing trades seconds ahead of the market, the service should prove a godsend, while for more casual traders, Bybit’s alerts provide early warning of sizable market moves that are underway.Bybit Goes Bespoke With...

Robert Farkas, the co-founder of Centra Tech, is one of the lead defendants on a massive case, including securities and wire scam, and a fraudulent ICO, raising more than $25 million, according to the FBI.Farkas Plead Guilty, Co-Defendants Set On Another TrialAccording to the office of the United States Attorney for the Southern District of New York, the co-founder of crypto start-up Centra Tech Robert Farkas pled guilty in court on charges of conspiring and committing securities and wire...