Daily Archives: January 30, 2018, 5:26 pm

SEC Moves to Stop $600 Million Digital Coin Offering – WSJ

The Securities and Exchange Commission on Tuesday said it obtained a court order, unsealed late Monday, that permits a receiver to seize cryptocurrencies held by Dallas-based AriseBank, which allegedly marketed and received the proceeds from the coin offering. The SEC alleges the company and its executives committed fraud by misleading investors about its ownership of a federally insured bank and…

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Lawyers investigate whether ASIC website glitch assisted insider trading – Australian Broadcasting Corporation

Until late last year, a flawed search tool allowed people to access all ASIC documents sent to any email address. There was no identification required, so people could spy on the company research of private equity investors if they knew their email address. ASIC has now told 770 people that their records have been forwarded to another email account. The…

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