SEC Probe Into Overstock $250 Million tZero ICO, SAFE vs SAFT

Overstock-backed ICO, tZero has released an amended statement to the SEC regarding a previously confidential Private Placement Offering Memorandum, initially dated December 18, 2017 and supplemented on January 27, 2018. In the amended, supplemented and restated statement made on March 1, 2018, tZero outlines a number of changes to their ICO, presumably to maintain compliance […]

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CFTC Issues Warning on Pump-and-Dump Cryptocurrency and ICO Schemes

At the heels of the Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee meeting this past Wednesday, the CFTC has issued a warning against pump-and-dump schemes, specifically related to digital currencies. The Customer Advisory on virtual currency pump-and-dumps warns people against “thinly traded or new ‘alternative’ virtual currencies and digital coins or tokens.” This would […]

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