The COVID-19 crisis may have been the last straw for a non-profit digital identity organization, breaking its efforts to raise funds to pay staff and carry out a regulated token issuance. TheRead More…
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton may be the next U.S. Attorney for the Southern District of New York. According to a Department of Justice press release published lateRead More…
Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with regulation. The registrationRead More…
Hester Peirce, one of five commissioners with the U.S. Securities and Exchange Commission (SEC), has been tapped for a second term at the regulatory agency. Peirce, who has been one of theRead More…
Telegram is pledging to turn over communications, bank records and other information to the Securities and Exchange Commission (SEC) as part of the agency’s ongoing legal fight against the messaging startup onRead More…
Telegram won’t be repaying its investors in gram tokens after all. The messaging platform told investors in its TON blockchain project Monday that it would not be paying investors back in tokens,Read More…
Messaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April 2021 and triggering a costly clawback clause in itsRead More…
The U.S Attorney’s Office for the District of New Jersey is seeking to pause the Securities and Exchange Commission’s (SEC) civil action against Blockchain Terminal founder Boaz Manor while it conducts itsRead More…
A United States District Court has granted an injunction against Telegram, preventing the company from issuing its GRAM tokens at the present time. Court says that GRAMS are securities under Howey testRead More…
A U.S. judge ordered messaging platform Telegram to refrain from issuing its gram cryptocurrency next month as planned, granting a request by the Securities and Exchange Commission (SEC). In a preliminary injunctionRead More…