Sentences with phrase «selling unregistered»

The action states state that «Between approximately July 30, 2017, and approximately October 5, 2017,» Centra violated the Securities Act through «rais [ing] over $ 30 million in digital cryptocurrencies by offering and selling unregistered securities.»

Regulators in Texas and North Carolina accused BitConnect of selling unregistered securities and fraudulent practices.

The division, part of the Office of the Secretary of the Commonwealth, accuses Brookline, MA, resident Kirill Bensonoff and his company, Caviar, of selling unregistered securities after he launched an ICO to sell «caviar» tokens from his home.

The SEC alleges that Sohrab Sharma and Robert Farkas «masterminded a fraudulent ICO», selling unregistered securities via a cryptocurrency token.

The Texas State Securities Board (SSB) executed an emergency cease - and - desist notice against a man for selling unregistered securities tied to a cryptocurrency trading...

Bitstrade Hammered by New Jersey Authorities for Allegedly Selling Unregistered Securities

The U.S. Security and Exchange Commission (SEC) issued a statement that Maksim Zaslavskiy the founder committed fraud by selling unregistered securities backed by nonexistent assets.

Massachusetts has ordered the stoppage of five initial coin offerings (ICOs), stating in new orders that the companies in question were selling unregistered securities.

While the orders noted that the campaigns «shall permanently cease and desist from selling unregistered or non-exempt securities» within the state, all of the startups are able to register their tokens as securities — or apply to sell «exempt from registration securities» — in the future.

The SFC's action comes some two months after the Philippines Securities and Exchange Commission filed a similar cease - and - desist against Black Cell for selling unregistered securities.

The Securities and Exchange Commission of the United States (SEC) has accused two founders of the Centra cryptocurrency project of organizing a fraudulent ICO, appropriating investors» funds and selling unregistered securities.

The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities, and the digital tokens or coins being peddled don't really exist.

Massachusetts securities regulator halted operations of 5 ICO projects, ruling the firms were selling unregistered securities.

The suit alleges that Tezos violated US Securities Law by selling unregistered securities, committing securities fraud, false advertising and unfair competition by misleading investors regarding the nature of the company.

The filing in the state of California accused Tezos of selling unregistered securities, along with fraud in the offer, sale of securities, false advertising and more.

The agency has charged the founders of Centra Tech with selling unregistered securities, accusing Sohrab Sharma and Robert Farkas of falsely claiming that proceeds from the ICO would go towards developing new technology backed by Visa and Mastercard.

The New Jersey Bureau of Securities said Bitstrade is selling an unregistered security to New Jersey consumers.

Massachusetts» securities enforcement office is suing a resident and his company for selling unregistered securities in a token sale.

Specifically, the defendants are being accused of selling unregistered securities, committing securities fraud, false advertising and unfair competition («by making material misrepresentations and omissions»).

The Breitmans have been being accused of violating federal securities laws and defrauding their ICO's contributors, since they have yet to launch their proposed smart contracts network, and allegedly selling unregistered securities, in the form of their unreleased native «tezzies» token, to contributors.

''... in connection with Centra Initial Coin Offering (the «Centra ICO»), Defendants raised over $ 30 million in digital cryptocurrencies by offering and selling unregistered securities in direct violation of the Securities Act.»

As Marco Santori, partner at Pillsbury Winthrop Shaw Pittman, explained, «A lot of ICO's are questionable because they're selling unregistered securities to the public in the USA... does the enforcement come in from the SEC?»

North Carolina's government has sent a cease - and - desist order to a cryptocurrency company they say is selling unregistered securities in the U.S. state.

The regulator has accused blockchain tech upstart Longfin Corp and four of its officers of awarding and then selling unregistered shares for their own gain.

A Longfin executive and two people affiliated with the company violated securities laws by selling unregistered shares granted by founder and Chief Executive Officer Venkata S. Meenavalli, the U.S. Securities and Exchange Commission said in a statement Friday.

The SEC would not be pleased if startups were selling unregistered securities.

The SEC announced charges against the operator of SatoshiDice and a bitcoin marketing site for selling unregistered securities and taking bitcoin as payment.

against the company, accusing it of fraud and selling unregistered securities.

The claim was raised by Taylor - Copeland legal firm, where Mrs. & Mr. Breitman were accused of selling unregistered securities, committing securities fraud, false advertising and unfair competition («by making material misrepresentations and omissions»).

HARARE — Two ivory dealers have appeared in court facing charges of illegally selling unregistered ivory products in a case which has sucked in former first lady Grace Mugabe and President Emmerson Mnangagwa's child, Tariro.

The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities,

The New Jersey Bureau of Securities said Bitstrade is selling an unregistered security to New Jersey consumers.

In the U.S., the Securities Exchange Commission (SEC) has issued an analysis deeming The DAO tokens to be securities, announced the creation of a Cyber Unit that will investigate ICO and blockchain - related misconduct, and charged two ICOs with selling unregistered securities and defrauding investors.

about Florida Accuses Agents of Selling Unregistered Securities in Alleged Woodbridge Ponzi Scheme

Florida's Office of Financial Regulation has filed an administrative complaint against several South Floridians and accused them of selling unregistered securities to investors in the failed Woodbridge Group of Companies, the Broward County Sun Sentinel reported.

Serious money might be exchanged over a handshake, but Kruzel tells entrepreneurs that they're selling unregistered securities.

A federal judge ruled three business associates of a financial technology company are likely to lose at a trial over government accusations that they sold unregistered stock in the firm after a rally linked to cryptocurrency.

According to the release, the division determined that BitConnect had planned to sell unregistered securities in their initial coin offering (ICO), which was scheduled to launch on Jan. 10.

It is against the law for a breeder to sell an unregistered dog as purebred or to offer one at a lower price without registration papers.

Google Answers: How to sell an unregistered car in California?

In fact, many see the Munchee administrative order, which determined the issuer had sold unregistered securities (even though the token was to be used for utility on a platform in the future), as an example of how the SEC would view token issuers.

Pursued in the U.S. District Court in Florida, the suit alleges Tezos founders Arthur and Kathleen Breitman deceptively sold unregistered securities in violation of both federal and state law when they raised $ 232 million in an initial coin offering (ICO) in July.

AriseBank and its co-founders Jared Rice Sr. and Stanley Ford allegedly offered and sold unregistered investments in «AriseCoin» cryptocurrency by depicting it as a first - of - its - kind decentralized bank offering a variety of consumer - facing banking products and services using more than 700 different virtual currencies, the SEC's statement continues.

What they want to avoid happening is being in the situation the founders of the Tezos tech project are in with a class - action lawsuit against them filed by US regulators that alleges they deceptively sold unregistered securities in violation of both federal and state law after their record - breaking USD 232m ICO in July, 2017.

The regulatory authority when issuing the shutdown noticed said the blockchain company was attempting to sell unregistered security tokens to the public.

The charges, which the SEC filed against the Texas - based AriseBank on Jan. 25, allege that the firm and its co-founders, Jared Rice Sr. and Stanley Ford, sold unregistered securities and engaged in «fraudulent conduct» to market its «decentralized bank.»

According to the release, the division determined that BitConnect had planned to sell unregistered securities in their initial coin offering (ICO), which was scheduled to launch on Jan. 10.

The Board filed a cease - and - desist order (CDO) against Mark Moncher for allegedly trying to sell unregistered securities through his «Financial Freedom Club,» also called «Millionaire Mentor University,» which Moncher claims can give investors financial independence in as little as 30 - days.

Not exact matches

The company in August sold 1.5 million unregistered shares to a private investor who is also a current shareholder at a price of $ 2.10 per share, for aggregate consideration of $ 3.15 million.

In 2016, BlackRock, the sponsor of the gold ETF iShares Gold Trust (IAU) sold $ 296 million in unregistered shares of an exchange - traded fund.