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Kik Loses Against SEC As Judge 'Shreds' ICOs - Expect More Cases


The "predictable" court ruling against Canadian social media startup Kik Interactive might provide a glimpse into what is waiting for some of the initial coin offerings (ICOs). Yesterday, US District Court Judge Alvin Hellerstein ruled in favor of the US Securities and Exchange...

The CFTC Files Complaint Against Crypto Trading Company


The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report, the CFTC wants a U.S. court to stop...

Smart Advertising Token SaTT Reveals ProBit as Next Exchange Listing


Singapore, September 23, 2020 – Against the predominantly dim and drab ICO backdrop, smart advertising token SaTT ICO has continued to defy expectations. Alongside its remarkable ICO fundraising, the project is proud to announce yet another exchange listing, this time with the popular global...

Investors Make ‘Dutch Auction’ Complaint against Crypto Exchange Upbit


Investors have made an official complaint to a South Korean financial regulator about crypto exchange Upbit’s so-called “Dutch auction” listing strategy, claiming that recent listings amount to “back-door” initial coin offerings (ICOs). Per media outlet Paxnet, a group of crypto investors...

Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T


A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...

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