The U.S. Securities and Exchange Commission (SEC) announced that it has filed a lawsuit against Kik Interactive for allegedly conducting an illegal $100 million securities offering of digital tokens. The agency has accused Kik of selling the tokens to investors without registering its offers and...
In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. U.S. Rep. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Rep. Alexandria Ocasio-Cortez (D-NY) as its...
Tesla and its chief executive Elon Musk have been hit with two lawsuits by investors who are accusing Musk and his company of fraud. According to Reuters, the lawsuits were filed on Friday (August 10), three days after Musk announced on Twitter that was considering...
It was a week that showed mobility in mobile-ad companies, at least as stock prices were concerned. Consumers seem ready to spread some holiday cheer at the registers. And, Paris Hilton and some other celebs may be looking for other (non-ICO) revenue streams...
February 06, 2020
Hester Peirce, a financial regulator at the U.S. Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Tech firms will have to create a transition plan after a three-year period that […]
June 04, 2019
The U.S. Securities and Exchange Commission (SEC) announced that it has filed a lawsuit against Kik Interactive for allegedly conducting an illegal $100 million securities offering of digital tokens. The...
March 04, 2019
In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. U.S. Rep. Peter DeFazio (D-OR) is spearheading the...
August 13, 2018
Tesla and its chief executive Elon Musk have been hit with two lawsuits by investors who are accusing Musk and his company of fraud. According to Reuters, the lawsuits were...
