Category: ICO

Crypto Exchange BitForex to Open for Withdrawals Following Chinese Police Investigation

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Ryan Selkis Quits as Messari CEO Following Inflammatory Tweets

On Friday, as he announced his resignation, Selkis said that following the attempt on Trump’s life, he had “been disgusted at the media and administration’s abject failures at pressing for answers in the attack’s aftermath, as well as their failure to tamp down divisive rhetoric that contributed to the attack in the first place.” Source

A Second Look at Third-Party Token Allegations in the SEC’s Case Against Binance

The SEC alleged that Binance in particular listed 10 tokens that it viewed as securities, as examples of how the exchange was violating federal securities laws by being a broker, dealer and clearinghouse: SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI. In its motion to dismiss, Binance argued that the SEC couldn’t plausibly allege that they were securities, saying they didn’t meet the tenets of the Howey Test. Source

Indian Crypto Exchange WazirX Files Police Complaint After $230M Hack, Engages With Cyber Crimes Unit

WazirX, which is registered with FIU-India, which falls under the Finance Ministry, has sent the body an incident report. However, the FIU is mandated with monitoring transactions under the nation’s Prevention of Money Laundering Act (PMLA). Given the WazirX incident is a security breach, the incident does not fall under the FIU’s ambit. The FIU declined an in-person request to comment. Source