1Broker Got Agreement WIth SEC and CFTC

Last september agencies accused the company of selling securities-related instruments without complying with investment restrictions imposed by federal securities laws
06 March 2019   474

Platform for buying financial derivatives using Bitcoin 1Broker announced that it managed to close two lawsuits filed against it by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Last September, government officials accused the company and its CEO Patrick Brunner of selling securities-related instruments to investors from the US and other countries without complying with “investment restrictions imposed by federal securities laws.” The SEC stated that 1Broker did not carry out a transaction of its swaps on the basis of securities to a registered national stock exchange and did not register as a dealer of securities-linked swaps in the established manner.

1Broker did not admit and did not reject his guilt. The company said it had paid Bitcoins to all customers who made requests through its new portal 1broker.io, and will continue to make payments until the end of 2019.

In the course of the coming weeks, 1Broker promises to announce a new enterprise, the development of which it will start from scratch, abandoning its former brand.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   958

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”