Blockchain Expo Europe 2018 to be held in Amsterdam

Europe's largest established business Blockchain event, the Blockchain expo arrives with a span of 2 days on June 27–28
10 May 2018   881

RAI Amsterdam will play host to the Blockchain Expo 2018 on June 27 and June 28. Leading companies in the industry will provide a rich content of keynotes, panel discussions and case studies. The focus of the event is learning and building partnerships in the blockchain space. The expected number of attending is over 6,000 from from the industries ranging from energy and logistics to retail and real estate.

The event logically is comprised of 2 parts: a free conference and tracks for invited delegates. The tracks are spanned across the 2 days: day 1 is dedicated to the ICOs and cryptofinance with regulation exploring, ICO tools and changing venture capital models; while day 2 will cover the transforming financial services. The free conference is going to explore the developing of blockchain applications and blockchain technologies. The focus of the free conference is the evolution of blockchain and its applications.

Day 1 will also feature The Blocks award - the first awards session recognizing outstanding strategy, application and effectiveness of blockchain technologies.

Among the notable speakers there will be Hyperledger executive director Brian Behlendorf, RBS head of emerging technology Richard Crook, IBM vice president of global blockchain labs John McLean and many others. To see the full list of speakers and learn the agenda you can visit the official page here.

SEC to Accuse Shopin in $42M Worth ICO Scam

The Commission believes the actions of Shopic during the ICO was the offering or unregistered securities
12 December 2019   92

The U.S. Securities and Exchange Commission (SEC) has accused Shopin and its CEO Eran Eyal of cryptocurrency cheating on investors during the initial offer of $ 42 million tokens.

According to the SEC, the actions of Eyal and his company were an unregistered offer of securities in the form of Shopin tokens.

Eyal told investors that the funds raised would be used to create a blockchain platform for storing and tracking profiles of online store customers. In addition, he lied about existing partnerships with retailers, the agency said.

The problem is that Shopin never created a system, says the regulator.

Instead, Eyal appropriated more than $ 500,000 for personal use, including a dating service.

SEC accused Eyal and Shopin of violating securities laws. The regulator requested the court to oblige the accused to return the illegally appropriated funds with interest and payment of fines. In addition, the SEC has proposed banning Eyalu from acting as an official in any offer of securities or tokens.

In a statement, the SEC also recalled that the prosecutor’s office in 2018 accused Eyal of appropriating $ 600 thousand of investor funds to his previous company Springleap.