Search for: "COIN FUND PLAINTIFFS" Results 41 - 60 of 133
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7 Aug 2019, 9:23 am by Kristian Soltes
And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account. [read post]
5 Aug 2019, 11:03 am by John Jascob
Beaver County Employees Retirement Fund allowing plaintiffs to assert Securities Act claims in state court. [read post]
24 May 2019, 3:00 am by Doug Cornelius
The Looming SEC IEO Fintech Smackdownby John Reed Stark Not to be confused with initial coin offerings (or “ICOs”), an IEO is a crypto-financing model offered and administrated via a cryptocurrency trading platform on behalf of a company (typically some form of start-up) that seeks to raise funds with its newly issued cryptocurrency digital tokens. [read post]
3 Apr 2019, 6:59 am by John Jascob
’” The funds raised through the ICO were pooled to facilitate the launch of the ATB Blockchain, which, if successful, would increase the value of ATB Coin, the court stated. [read post]
18 Feb 2019, 2:34 pm by Kevin LaCroix
The Howey Test In a typical ICO, virtual coins or tokens are distributed by a company to the public in exchange for another cryptocurrency or fiat currency. [read post]
17 Dec 2018, 3:14 pm by Kevin LaCroix
John Reed Stark On November 29, 2018, the SEC announced that it had settled charges with boxer Floyd Mayweather Jr. and music producer DJ Khaled for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). [read post]
McDonell and his company, Coin Drop Markets that was alleged to have operated a deceptive and fraudulent virtual currency scheme and misappropriated investor funds. [read post]
4 Sep 2018, 3:35 pm by Kevin LaCroix
Beaver County Employees Retirement Fund, holding that state courts retain concurrent jurisdiction with federal courts for liability actions under the Securities Act of 1933. [read post]
29 Aug 2018, 4:00 am by Howard Friedman
Ct. at 2775-76, 2779, 2783.Becket Fund issued a press release announcing the decision. [read post]
22 Aug 2018, 3:00 am by John Jenkins
Both complaints allege that Musk’s tweets contained material misrepresentations in violation of the federal securities laws and seek to recover damages on behalf of the plaintiff class. [read post]
26 Jul 2018, 8:03 am by Kaufman Dolowich Voluck
Initial Coin Offering Litigation Digital currency fundraising endeavors known as initial coin offerings, or ICOs, have attracted the attention of plaintiffs attorneys, presenting a host of potential legal exposures for businesses that launch such offerings. [read post]
25 Jun 2018, 11:44 am by Scott H. Kimpel and Mayme Beth Donohue
With tens or even hundreds of millions of dollars raised in individual offerings, plaintiff law firms assume that there is sufficient cash available to pay damages and, more importantly, to fund their own legal fees. [read post]
18 Jun 2018, 2:25 am by Jan von Hein
University, Tokyo, that was funded by the Japan Society for the Promotion of Science (JSPS). [read post]
10 Apr 2018, 2:39 pm by Kevin LaCroix
” By doing this, the article says, the victims of the BitGrail hack “would have had their funds restored. [read post]
1 Apr 2018, 4:21 pm by Kevin LaCroix
” The plaintiffs’ counsel’s March 29, 2018 press release about the lawsuit can be found here. [read post]