Dublin is hosting MoneyConf

The world's largest fintech event MoneyConf 2018 to be held in Dublin on June 11 through June 13 to discuss the future of money
02 May 2018   888

The capital of Ireland will take care of the MoneyConf event. Claiming to be the world's leading bitcoin, cryptocurrency and fintech experts gathering since 2015, this year it will be a 2-day event taking place on June 11–13. The conference comprises of keynote presentations, hands-on workshops and networking session. The venue is chosen to be RDS Main Hall.

Among the notable attending companies there will be Accenture, JPMorgan, Sberbank, PayPal, VISA and more. Some of the speakers are as follows:

Along with aforementioned keynotes, workshops and networking, MoneyConf will feature ALPHA startup programme: an exhibition of the selected projects with an access to every section of the whole event. Among the leading funds attending there are Sequoia, Google Ventures, Apax Partners and others.

To see the full 2-day schedule along with other insightful details, the official page is at your disposal.

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.