Blockchain payments firm Ripple is selling roughly one-third of its stake in MoneyGram, in its first such sale of company stock since the startup invested in the remittance giant in 2019. AccordingRead More…
Cryptocurrency firm Pantera Capital has raised another $5 million for its bitcoin fund, bringing the total to $134 million, according to a form D filing with the U.S. Securities and Exchange Commission.Read More…
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has collected more than $4.68 billion in illegal income and fines this year so far — with more than one quarterRead More…
A U.S. judge ruled Wednesday that Kik violated securities law when it raised $100 million via a token sale in 2017. Judge Alvin Hellerstein, a U.S. district judge for the Southern DistrictRead More…
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…