Sentences with phrase «token sale documents»

Not exact matches

Investors in the first phase of Telegram's ICO were invited to take part in a «subsequent round» of token sales in an email sent Jan. 15 by John Hyman, who is listed as Telegram's chief investment adviser on earlier offering documents.

Earlier offering documents said Telegram would sell only two - thirds of its total GRAM supply, meaning it would have 260 million GRAM tokens available for sale to the public.

As stated in the document, «the issue of CNCs to the token sale participants within the ICO procedure is not а public offer of securities.

From tech flaws to regulatory interventions, a document sent to prospective investors in Telegram's $ 2.5 billion token sale spells out the risks.

Without limiting the foregoing risks, any communication or transaction via or information (including document) transmitted via the internet or other electronic medium involves risks and by participating in the Token Sale or utilizing the AvantGarde Ratings, you acknowledge that you understand and accept the following risks:

Instead of producing only one form of an offering document or token sale agreement, the SEC will likely expect production of each version used with potential investors or token purchasers.

Last month, the SEC Division of Enforcement informed the e-commerce company that it would be conducting an investigation into tZERO's coin sale, requesting that the company «voluntarily provide certain documents related to the offering and the tokens,» according to an SEC filing by Overstock.com released this week.

Bounty Program is governed by the Bounty Program Terms and Token Sale Agreement and anyone participating in the Bounty campaign agrees to all terms and conditions laid out in the Bounty Program Terms and Token Sale Agreement document.

The SEC is also currently investing Overstock.com's cryptocurrency - focused subsidiary tZero's sale of digital tokens after requesting «certain documents related to the offering and the tokens in connection with its investigation.»

To merely be considered for a token sale, it is now commonplace for an individual to have to submit a passport scan, bank statement, and various other documents and to answer a string of questions about their background and the origin of their cryptocurrency.

As CCN reported, the agency issued subpoenas to as many as 80 token sales and has asked other ICOs — including the Overstock - sponsored tZero ICO — to voluntarily submit documents about «everything» related to the offerings.

The document later notes that the tokens were ultimately deemed a security regardless of their «utility» when the sale took place.