Crypto Assets - SEC.gov
Oct 10, 2024 · The SEC is dedicated to protecting investors in crypto markets and from cyber-related threats. The SEC’s Office of Strategic Hub for Innovation and Financial Technology (FinHub) facilitates the agency's active engagement with innovators, developers, and entrepreneurs of financial technology, including crypto assets. Visit the FinHub webpage for resources and engagement information. The SEC's ...
Statement on Cryptocurrencies and Initial Coin Offerings - SEC.gov
Dec 11, 2017 · The world’s social media platforms and financial markets are abuzz about cryptocurrencies and “initial coin offerings” (ICOs). There are tales of fortunes made and dreamed to be made. We are hearing the familiar refrain, “this time is different.” The cryptocurrency and ICO markets have grown rapidly. These markets are local, national and international and include an ever-broadening ...
Framework for “Investment Contract” Analysis of Digital Assets
[1] I. Introduction If you are considering an Initial Coin Offering, sometimes referred to as an "ICO," or otherwise engaging in the offer, sale, or distribution of a digital asset, [2] you need to consider whether the U.S. federal securities laws apply. A threshold issue is whether the digital asset is a "security" under those laws. [3] The term "security" includes an "investment contract ...
SEC CHARGES QUANTSTAMP, INC. IN $28.35 MILLION INITIAL …
Jul 21, 2023 · ADMINISTRATIVE PROCEEDING File No. 3-21535 July 21, 2023 – The Securities and Exchange Commission today announced charges against Quantstamp, Inc., headquartered in San Francisco, California, for conducting an unregistered initial coin offering (ICO) of crypto asset securities. Quantstamp agreed to settle the charges by disgorging proceeds from the offering and paying a civil penalty ...
Search Filings - SEC.gov
Jul 2, 2024 · Enjoy free public access to millions of informational documents filed by publicly traded companies and others in the SEC's Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system.
Sohrab (Sam") Sharma - SEC.gov
In April 2018, the United States Attorney's Office for the Southern District of New York brought criminal charges against Sharma, Trapani and Farkas for their roles in the fraudulent Centra ICO in United States v.
SEC v. Middleton, et al. Case No. 19-cv-4625 (E.D.N.Y.) - SEC.gov
May 29, 2020 · The Commission also alleged that Middleton manipulated the price and volume of VERI on secondary digital-asset trading platforms during the VERI ICO. See the Complaint.
How We Howey - SEC.gov
May 9, 2019 · For example, when I spoke about ICO regulation a year ago, it seemed necessary to introduce my audience to an old Supreme Court case known as Howey. [2] Now, for most people following the crypto space, Howey is an old frenemy.
SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi …
The Securities and Exchange Commission today charged 17 individuals for their roles in a $300 million Ponzi scheme that involved Houston, Texas-based CryptoFX LLC and targeted more than 40,000 predominantly Latino investors in the U.S. and two other countries. Today’s complaint follows the SEC’s successful emergency action in September 2022 that halted the CryptoFX scheme and charged its ...
SEC Announces Enforcement Results for Fiscal Year 2024 - SEC.gov
Nov 22, 2024 · The Securities and Exchange Commission today announced that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, the highest amount in SEC history. The 583 enforcement actions represent a 26 percent decline in total enforcement actions compared to fiscal year 2023. Of those cases, the Commission filed 431 “stand-alone ...