The World’s Biggest ICO Settles with the SEC for Securities Violation

Block.One, which conducted the world’s biggest initial coin offering (ICO) last year, has agreed to settle with the Securities Exchange Commission (SEC) for an unregistered sale of securities. As part of the settlement, Block.One will pay a one-time penalty of $24 million. The federal agency noted that Block.One conducted its offering after publication of the DAO Report of Investigation, a 2017 report that examined the … Continue reading The World’s Biggest ICO Settles with the SEC for Securities Violation

Evaluating The EOS ICO

Almost a year long, it was the longest initial coin offering (ICO) in the world. The ICO by EOS, a blockchain that is building an alternative to ethereum’s smart contracts, finally finished this past week. Launch of its mainnet is still in progress. One billion tokens were offered during the ICO. Those tokens garnered $4 billion in funding from investors, according to Block.one, the largest … Continue reading Evaluating The EOS ICO