ico

U.S. Securities and Exchange Commission in Washington, D.C.
Sparkster Settles With SEC, Agrees to Pay Back $35M to ‘Harmed Investors’ of 2018 ICO
Crypto influencer Ian Balina, who was paid to promote the SPRK, is facing his own charges in connection to the ICO.
U.S. Securities and Exchange Commission in Washington, D.C.

CDCROP: Scales of Justice (Shutterstock)
ICO Promoter Ian Balina Charged With Violating Federal Securities Laws
The SEC says Balina failed to disclose his compensation for his promotion of SPRK tokens in 2018.
CDCROP: Scales of Justice (Shutterstock)

IEO and IDOs (Unsplash modified by CoinDesk)
What Is an IEO or IDO in Crypto?
In traditional finance, a company might launch an IPO to raise capital, but in the decentralized world of crypto, how can projects fundraise for new token launches? Meet initial exchange offerings.
IEO and IDOs (Unsplash modified by CoinDesk)

CDCROP: South Korea Flag (Jacek Malipan/EyeEm/Getty)
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.
CDCROP: South Korea Flag (Jacek Malipan/EyeEm/Getty)

CDCROP: The U.S. Securities and Exchange Commission seal
SEC Files Complaint Against Dragonchain for Unregistered Initial Coin Offering
The complaint alleges the blockchain startup failed to register more than $16 million in crypto asset securities.
CDCROP: The U.S. Securities and Exchange Commission seal

CDCROP: Scales Close Up
Titanium Blockchain CEO Pleads Guilty in $21M Securities Fraud Case
Michael Stollery admitted to carrying out a fraudulent initial coin offering in 2018.
CDCROP: Scales Close Up

fireworks, independence
ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product
Sparkster promised investors a “no-code” software-creation platform using $30 million in funds raised from investors in 2018.
fireworks, independence

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SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
Australian Craig Sproule is accused of misleading investors about how he was going to use the proceeds of a $41 million initial coin offering back in 2018.
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Bitqyck Founders Plead Guilty to Tax Evasion
Bruce Bise, 60, and Samuel Mendez, 65, face up to five years in federal prison after evading a combined $1.6 million in taxes.
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France’s Market Authority Warns Against Proposed Air Next ICO
The AMF said it didn’t issue a “visa” for the offering and warned of the risk of fraud.
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