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Join the Securities Litigation and Enforcement Group on LinkedInSEC Charges EtherDelta Founder With Operating an Unregistered Exchange
The Securities and Exchange Commission today announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital “token” trading platform. This is the SEC’s first enforcement action based on findings that such a platform operated as an unregistered national securities exchange. via SEC.gov | SEC Charges EtherDelta Founder With Operating an Unregistered Exchange.
Even Free Tokens Face Regulatory Heat as Coin Offerings Scrutinized – WSJ
Although Tomahawk failed to sell any tokens, the company and Mr. Laurance broke the law by misleading potential investors about details of their oil-drilling project and not telling potential investors that he was once convicted of criminal securities fraud, the SEC said. via Even Free Tokens Face Regulatory Heat as Coin Offerings Scrutinized – WSJ.