Crypto’s Biggest ICOs Stay Silent on SEC Subpoenas

The silence is deafening. After rumors began to fly late last week that the SEC has been sending out subpoenas to initial coin offerings (ICOs), some of the biggest projects to yet utilize the funding mechanism have remained tight-lipped, refraining from public commentary. CoinDesk has so far reached out to the 14 best-known issuers that […]

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Steven Seagal Punished for Pumping Comically Shady Bitcoin Rip-Off

The SEC charged action “star” Steven Seagal with unlawfully promoting a cryptocurrency. The naked bitcoin rip-off was so comical it almost looked like a self-parody of the ICO hype machine. It’s safe to say everyone except Seagal saw this legal backlash coming. Washed-up B-list action hero Steven Seagal had to know he was on deadly […]

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