Crypto Frontline

Latest ICO News Provided by Crypto Frontline

    The Tezos ICO Lawsuit Will End with a $25M Settlement

The Tezos ICO Lawsuit Will End with a $25M Settlement

A class-action lawsuit initiated by Block & Leviton law firm against the Tezos Foundation is very likely to end in August with a settlement. Tezos (XTZ) is currently one of the most promising altcoins, with approximately $1.7 billion in market capitalization. This multi-purpose platform supporting decentralized applications and smart contracts

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    DYCO to Replace ICOs and IEOs in 2020?

DYCO to Replace ICOs and IEOs in 2020?

The blockchain-based startups had constantly been looking for ways to raise funding from investors and during the past three years we’ve seen the rise of ICOs, IEOs, and STOs. Each led flows into new cryptocurrencies, but eventually prove to come with several weaknesses. A new trend is about to emerge

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    BitClave Ordered to Return ICO Funds to Investors

BitClave Ordered to Return ICO Funds to Investors

Unregistered ICOs continue to have a hard time in the United States, as the Securities and Exchange Commission continue to punish companies that have violated the Securities Law. On May 28th, the blockchain services company BitClave PTD Ltd, headquartered in San Jose, California, had been charged for a $25 million

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    The EOS ICO Faces New Allegations in the US

The EOS ICO Faces New Allegations in the US

A lot of questions are circling around big ICO projects and thus far, no company had proven to be above the law. After we’ve seen how Telegram was struggling with the SEC to prove it did not violate the Securities Law, it’s time for Block.one, the company behind the EOS

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    UK Crypto Firms Switch from ICOs to Conventional Funding

UK Crypto Firms Switch from ICOs to Conventional Funding

Blockchain-based startups in the United Kingdom had already started to use old funding methods as the ICO industry continues to be in a structural decline. Some of the latest reports are pointing out the ICO funding in 2019 dropped by a whopping 71%, with ICOs managing to raise only 200

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    Crypto Developer Charged by the SEC for Unregistered ICO

Crypto Developer Charged by the SEC for Unregistered ICO

The founders of Dropil, a crypto automation developer, had been recently charged by the United States Securities and Exchange Commission for raising funds illegally. Their initial coin offering (ICO) for the DROP token worth $1.8 million had been unregistered, as should have been done according to the Securities Act. These

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    FBI Warns Against COVID-19 Scams that Include ICOs

FBI Warns Against COVID-19 Scams that Include ICOs

The COVID-19 pandemic could turn out to be an opportunity for fraudsters to steal money and to launder it through the cryptocurrency market according to the Federal Bureau of Investigation (FBI). A surge in coronavirus-related crypto scams at a global scale is expected by the intelligence agency, being able to

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    Telegram’s Token Issuance Blocked by Federal Court

Telegram’s Token Issuance Blocked by Federal Court

Regulatory issues in the United States for the second-largest ICO continue and on March 25th a US Federal Court rules in favor of a temporary restraining order. That’s a great hit for ICO participants, given that they will be blocked from receiving their Gram tokens. We’ve already spoken about the

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    Is the Ripple IPO a Realistic Objective?

Is the Ripple IPO a Realistic Objective?

Brad Garlinghouse, the CEO of Ripple Labs, the US-based company behind Ripple (XRP) had spread the idea of IPOs (Initial Public Offerings) for blockchain-based projects. During a two-hour interview with the Wall Street Journal in Davos, he reportedly talked on the matter, according to Asheesh Birla, Ripple’s Senior Vice President

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    Enigma Reaches Settlement with SEC for Its ICO

Enigma Reaches Settlement with SEC for Its ICO

The blockchain startup Enigma has reached a settlement with the United States Securities and Exchange Commission over an ICO is conducted back in 2017, for building a digital asset trade-testing platform and a marketplace for data. The startups based in Israel and the US managed to raise approximately $45 million

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