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Jennifer Aniston, Prince Charles Falsely Used To Promote Crypto Scam

Jennifer Aniston, Prince Charles Falsely Used To Promote Crypto Scam Texas’ securities watchdog has issued an emergency cease-and-desist order to a purported cryptocurrency investment scheme that it says tried to dupe investors with fake endorsements from high-profile individuals. Among other alleged failings, Houston-based Wind Wide Coin is said to have fabricated …

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Bank of Canada’s DLT Trial Shows Instant Securities Settlement Possible

Bank of Canada’s DLT Trial Shows Instant Securities Settlement Possible The latest “Project Jasper” blockchain trials have shown that distributed ledgers are effective at automating securities settlements in real-time, according to Bank of Canada and two partners on the project. Announced in October 2017, the latest stage of the research effort …

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White Shoe to Wild West: Lawyers to Launch Blockchain-Only Law Firm

White Shoe to Wild West: Lawyers to Launch Blockchain-Only Law Firm Blockchain technology is shaking up the legal industry. At least that’s according to prominent blockchain industry attorneys, Angela Angelovska-Wilson and Lewis Cohen, who revealed exclusively to CoinDesk Friday that they have started their own law practice focused on the …

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Security or Currency? Jury to Decide Next Year in ICO Fraud Case

Security or Currency? Jury to Decide Next Year in ICO Fraud Case A jury will decide whether tokens issued through two allegedly fraudulent initial coin offerings (ICOs) count as securities, a U.S. district court judge said Tuesday. Businessman Maksim Zaslavskiy is accused of violating anti-fraud and registration provisions of federal securities …

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A16z, Founders Fund Back $28 Million Raise for Tokenized Securities Startup

A16z, Founders Fund Back $28 Million Raise for Tokenized Securities Startup Tokenized securities startup Harbor has secured $28 million in funding from major Silicon Valley venture capital firms, the company announced on Tuesday. The strategic round was led by Founders Fund, and included the participation of Andreessen Horowitz and Pantera …

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European financial watchdog latest to warn over ICOs

European Union financial regulator, the ESMA, has become the latest regulatory body to issue a warning about the risks of buying into — and running — ICOs, aka the crypto coin fundraising tool that has boomed in recent times to take advantage of an apparent legal grey area between issuing ‘software …

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