ICO News

An initial coin offering, or ICO, is a controversial fundraising method for launching blockchain and cryptocurrency networks that involves the sale and distribution of a new crypto asset in exchange for other tokens, commonly Bitcoin (BTC) and Ether (ETH). 

During the “ICO mania” of 2017 to 2018, projects collectively raised billions of dollars in capital, largely through nonaccredited investors. 

This funding method has since lost most of its legitimacy, both inside and outside the industry. Many ICOs were clearly frauds or, at best, operating in regulatory gray areas. Over the past few years, regulatory agencies such as the United States Securities and Exchange Commission,or SEC, have brought legal action to past and present ICOs, slowly creating legal precedent and guidelines for future ventures. 

While the ICO is now a precarious fundraising method for projects and investors alike, it did showcase a powerful use case of blockchain in permissionless fundraising at incredible scale. Over time, the launch methods of cryptocurrency networks will become more sophisticated, safe and, perhaps, regulatorily sound. 

Eleven class actions against crypto firms and their founders started with a bang and will end with a whimper — as they should.
Powers On... Why the fear of ICO enforcement and liability is coming to an end
Marc Powers
The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws.
SEC fines Coinschedule $200K over sponsored favorable ICO ratings
Samuel Haig
The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering.
Rapper The Game facing $12M judgment along with execs in ICO case
Brian Quarmby
U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the l...
ICO issuer charged with fraud by SEC for selling unregistered security
Sam Bourgi
Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James.
Crypto investment platform Coinseed shuts down amid NYAG lawsuit
Osato Avan-Nomayo
Use Case
An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger.
To IPO or Not to IPO? SPAC is the question
Connor Sephton
Use Case
Initial DEX offerings have a fair bit in common with initial coin offerings but come out on top in cost, effort, and fairness.
To ICO or to IDO? That is the question
Connor Sephton
Altcoin Watch
CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it's even listed on majo...
2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week
Jordan Finneseth

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