Daily Archives: April 11, 2018, 8:05 am

Forget ICOs; Security Token Offerings Are a $10 Trillion Opportunity

Security token offerings will replace initial coin offerings this year, but that’s just a sliver of their potential. One pioneer in this space estimates security token offerings (STOs) could grow to $10 trillion in just two years. It’s clear STOs will revolutionize investing as we know it and reinvigorate the cryptocurrency markets in the process. via Forget ICOs; Security Token…

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Blockchain Firm Accused of Illegal Stock Sales –

The chief executive of Longfin and three of its stockholders have been charged with illegally selling shares in the cryptocurrency company after it went public through a Regulation A+ “mini-IPO.” The U.S. Securities and Exchange Commission said one of the shareholders — stock promoter Amro Izzelden “Andy” Altahawi — made more than $25 million in illicit profits from sales of…

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SEC San Francisco Regional Enforcement Director Confirms SEC Private Company Enforcement Trend Will Continue | Farella Braun + Martel LLP – JDSupra

At a recent panel organized by San Francisco’s Federal Bar Association, the San Francisco Regional Director of the Securities and Exchange Commission (SEC), Jina Choi, confirmed that the agency continues to focus on investor fraud in the pre-IPO private market space. Highlighting enforcement actions against the non-public Zenefits, Credit Karma, and Theranos[1], Ms. Choi reiterated the SEC’s commitment to aggressive…

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