Tag: Blockvest

December 05, 2018 BY Valentina Kirilova

SEC loses bid for temporary injunction of Blockvest Crypto ICO

Crypto enthusiasts were cheering what many reports were calling a “Monumental” ruling by a Federal Court. The court ruled in favor of Blockvest, a crypto Initial Coin Offering (ICO) that was still in its initial testing phase, well before any real investing had ever taken place. The U.S. Securities and Exchange Commission (SEC) had shuttered…

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The world’s largest crypto IPO postponed
October 11, 2018 BY LeapRate Staff

Court order halts Blockvest ICO after fraudulent SEC approval claim

The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed was approved by the SEC. The order also halts ongoing pre-ICO sales by the company, Blockvest LLC and its founder, Reginald Buddy Ringgold, III. An SEC complaint…

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