fines

SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

Actor Steven Seagal owes the U.S. Securities and Exchange Commission unpaid fines stemming from a settlement related to the promotion of an initial coin offering — and a U.S. judge has empowered the agency to seek collection. According to Bloomberg, Seagal owes more than $200,000. As previously reported, Seagal settled with the agency after being …

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SEC issues no-action letter in response to digital asset securities questions

SEC fines ICO rating website for taking money from issuers in exchange for better reviews

On July 14, the U.S. Securities and Exchange Commission unveiled settled charges against UK-based Coinschedule.  Accessible in the U.S. from 2016 to August 2019, Coinschedule was a platform that reviewed upcoming initial coin offerings, providing seemingly objective perspective as to which ICOs were more or less scammy.  Per the SEC’s order: “The platform claimed to …

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