The U.S. Securities and Exchange Commission (SEC) is charging the AriseBank. It is said that they had indulged in issuing unregistered securities during their ICO.
A lawsuit was filed against BitConnect Cryptocurrency investment scheme. It was filed on behalf of Kentucky resident Brian Page with BitConnect International, BitConnect LTD, Bitcoinnect Trading LTD and Ryan Maasen as defendants.
The U.S. Commodity Futures Trading Commission (CFTC) had summoned cryptocurrency exchanges Bitfinex and Tether. The CFTC regulatory body had sent queried to both the exchanges.
The government authorities of Hong Kong had launched a campaign targeting to teach the public on ICO and Cryptocurrency investment risks. The Investor Education Centre also published resources on its site called Chin Family.
The Philippines regulatory body had confirmed it is drafting regulations on ICOs and cryptocurrency transactions. The rules will also highlight cybersecurity measures.
The Crypto.exchange had been directed to halt specific services by BaFin. The financial watchdog stated that the company had been functioning as financial commission business without obtaining permission.
The South Korean Financial Services Commission (FSC) declared the guidelines for the proposed ‘real-name transaction system.’ They are said to be adopted by the traders and exchanges from today.
The crypto trader of the Aston Digital Currencies Limited, a cryptocurrency trading firm was threatened at gunpoint to transfer bitcoins. The incident happened at the village of Moulsford in South Oxfordshire. Four robbers were involved in the case.
The securities commissioner of the U.S. State of Kansas had exposed a warning statement. The statement had warned the public on cryptocurrencies and ICO investment risks. It also emphasized that they are not insured by the government.
Experty users received a hoax mail inviting to invest in pre-ICO. The hackers took advantage of the ICO participants and demanded them invest in 12 hours to get EXY tokens in exchange for Ethereum. Ethereum deposited worth $150,000 were stolen.