Sentences with phrase «emergency asset freeze»

The recently formed cyber unit of the United States Security and Exchange Commission filed its first charges Monday after obtaining an emergency asset freeze to stop an alleged Initial Coin Offering (ICO) fraud.

The Securities and Exchange Commission has obtained an emergency asset freeze to halt an Initial Coin Offering (ICO) scam that reportedly raised up to $ 15 million from thousands of investors since August.

The court approved an emergency asset freeze over AriseBank.

The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast - moving Initial Coin Offering (ICO) fraud that raised up to $ 15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.

FOR IMMEDIATE RELEASE 2017 - 219 Washington D.C., Dec. 4, 2017 — The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast - moving Initial Coin Offering (ICO) fraud that raised up to $ 15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.

A report of a Commodity Futures Trading Commission subpoena on major cryptocurrency exchange Bitfinex and an Securities and Exchange Commission emergency asset freeze on an initial coin offering added to negative sentiment that day.

Not exact matches

On Friday, the regulator issued an emergency freeze on PlexCoin's U.S. assets, citing securities violation tied to its August ICO.

Based on its filing, the SEC obtained an emergency court order to freeze the assets of PlexCorps, Lacroix, and Paradis - Royer.

The 1977 International Emergency Economic Powers Act, which was used to place sanctions on other countries after the Sept. 11 attacks, gives the president broad authority to respond to an «unusual and extraordinary threat,» including by halting incoming Chinese transactions, nullifying business deals and freezing foreign - owned assets.

On January 17, 2012, Judge Carol E. Jackson of the U.S. District Court, Eastern District of Missouri granted the SEC's request for emergency injunctive relief (including an asset freeze and appointment of a receiver) against Burton Douglas Morriss as well as several investment management companies and private equity funds operated by Morriss in response to the SEC's complaint alleging that Morriss misappropriated more than $ 9 million in investor assets from 2005 through 2011.

All assets under the defendants» control are frozen by an emergency court order and Lanzana and Masanko are prohibited from «destruction or concealment of their books and records».

Gillian specialises in the financial aspects of relationship breakdown and making emergency applications to freeze assets, recover children, and in response to cases of domestic violence, while Phillip specialises in commercial, fraud and financial services dispute resolution, arbitration and ADR.

The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades that allowed him to profit on trades in his own account.

The SEC has now obtained an emergency court order in order to freeze the assets of both companies and that of the founder.