Binance to Unveil BitTorrent Trading Launch Date

All BitTorrent tokensale participants had already received their tokens
31 January 2019   358

Binance will start trading BitTorrent tokens on January 31st. Users can already make deposits.

Trades will open at 10:00 UTC in BTT / BNB, BTT / BTC and BTT / USDT pairs.

Note that Binance has already distributed project tokens among the crowdsale participants on the Launchpad platform, and also conducted an additional 5,000 BTT airdrop for users who did not manage to purchase tokens during the campaign.

On January 28, a BitTorrent crowdsale took place, which lasted 18 minutes and collected $ 7.2 million. It was enshadowed with many technical issues.

Gladius to Register Token as Security & Refund Investors

Startup self-reported in SEC on unregisted securities offering and cooperate with Commission, so it won't be fined
21 February 2019   102

Cryptocurrency startup Gladius Network LLC has informed the US Securities and Exchange Commission (SEC) about the sale of unregistered securities. On February 20, the SEC filed relevant charges.

During the ICO, the Gladius project raised $ 12.7 million in cryptocurrency equivalent for the development of a network for leasing computing facilities to protect against cyber attacks. The SEC stressed that the startup did not register their tokens as securities, as required by federal law, and did not agree to exclude them from the rules in the legal manner.

Moreover, tokensale was held after the publication of the SEC report on the situation with The DAO, in which the regulator stated that ICO can offer securities.

The press release says that Gladius contacted the SEC in the summer of 2018 and expressed interest in cooperating with the investigation. Thus, the agency refused to levy a fine, because the startup voluntarily agreed to return the funds to investors who require it and register the token in accordance with the provisions of the Securities Act of 1934.