The Initial Coin Offering (ICO) market could be forever changed. This as a result of a court ruling in the case of U.S. V. Zaslavskiy, 17-cr-0647, a case handled by the U.S. District Court for the Eastern District of New York (Brooklyn). In that case, the judge, US Federal Judge Raymond J. Dearie, ruled the billion dollar … Continue reading Invest in IPO or ICO…Wait, What’s an ICO? Tatatu and Akon, Too?
The U.S. Securities and Exchange Commission has announced the prevention of sale of two “funds” that promise to track the price of “cryptocurrencies”. Both funds, which trade in the U.S. only “over the counter” and “off exchange", are nevertheless listed on a Nasdaq, Inc. (NDAQ.O) exchange in Stockholm, Sweden. In the U.S., “over-the-counter” (OTC) and … Continue reading Beware of So-Called OTC ETFs Investing in Virtual Currencies