Blockchain conference to hold an event in Toronto

2nd annual Blockchain Conference: Toronto 2018 is set on April 24 and marks the 22nd Blockchain conference since its inception in 2015
11 April 2018   800

The original Blockchain Conference is back in Toronto. The event of April 24 marks 2nd being held in Toronto and 22nd since it was first initiated in 2015. The conference is to be held at MaRS Discovery District. It is going to be part of the April ICO Roadshow: North America. Initially the aim of the project was to bring senior figures in finance, tech, government, venture capital and start-ups into a room and discuss Blockchain/DLT beyond Bitcoin.

This year's event promises to be more dynamic, with new tokens and regulation. The agenda for the event is fairly simple:

8am ~ 4pm | Conference and exhibition on blockchain innovation topic

4pm ~ 8pm | Evening drinks

The list of speakers include Helios Wire IoT CEO Scott Larson, Iagon Chief Architect Dr. Elan Harison, BLOCK id founder Paul Heirendt, Open Garden Inc. CEO Paul Hainsworth and many others. Among the event partners there are Achain, CoinFabric, OMERS Ventures, bitaccess and others. The doors are open at 8:00AM.

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   233

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.