• Home
  • Newsletter
  • Upcoming Events
  • Past Events
  • Webcasts
  • About
  • Contact
Securities Docket
  • Class Actions
  • Criminal
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2018 / January / 30 / SEC Moves to Stop $600 Million Digital Coin Offering – WSJ

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

By Securities Docket on January 30, 2018, 1:55 pm

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 its ability to offer customers a VISA card backed by “any of 700-plus cryptocurrencies.”

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

Posted in SEC, Top | Tagged ICO

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC