Apex ICO Website Hacked

Hackers were able to steal around 1000 NEM ( around 872$ at the moment of press )
30 January 2018   1632

The last major campaign on the NEO platform was Apex ICO. Hackers were able to change the address to send investors' funds to his own. The result of the incident was the theft of 1 056 NEO tokens.

In few hours, another message appeared.

That is sad situation, but number of losses in not that big, in comperior to other ICO and cryptohacks. 

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SEC to Cease Simex Securitites Trading

As reported, under the federal securities laws the SEC can suspend trading in a stock for 10 days
23 October 2018   41

The US Securities and Exchange Commission (SEC) suspended trading in securities of the American Retail Group (OTC: ARGB), also known as Simex, Inc. This is reported on the website of the agency.

According to representatives of the regulator, the decision was caused by false statements by the company about partnership with a “qualified and approved custodian”. The company also conducted an ICO, which allegedly "officially registered in accordance with the requirements of the SEC."

The SEC does not endorse or qualify custodians for cryptocurrency, and investors should use vigilance when considering an investment in an initial coin offering.

Robert A. Cohen

Chief, SEC Enforcement Division’s Cyber Unit

As reported, the SEC can suspend trading in a stock for 10 days and generally prohibit a broker-dealer from soliciting investors to buy or sell the stock again until certain reporting requirements are met.

Also earlier this month, the American regulator recommended investors to "be vigilant when considering the possibility of investing in the ICO."