Ex-VP of Vk to be Responsible for TON ICO, Media Says

Ilya Perekopsky worked at the most popular Russian social network from 2008 to 2014
05 April 2018   1635

Former vice-president of the most popular Russian social network "VKontakte" Ilya Perekopsky moved to another project of Pavel Durov - Telegram. According to sources of Russian media RBk, the appointment is due to the ICO of the messenger.

Perekopsky himself confirmed his appointment to Telegram, where he will be responsible for "business development". He also noted that he joined the new position of vice-president of the company from the beginning of this year.

Two sources of RBK in the market of cryptocurrencies told that Perekopsky is also in charge of ICO of Telegram, but he himself declined to answer the question about whether the development of the TON and ICO  will be part of his task.

Ilya Perekopsky worked in VKontakte from 2008 to January 2014 - he was responsible for business operations of the social network. He is familiar with Durov from the university, where they studied on the same course of the philology department of St. Petersburg State University. After VKontakte, Perekopsky became Business Development Director of Blackmoon Financial Group, and in 2017 took part in the creation of the Blackmoon Crypto.

In late March, Telegram's CEO Pavel Durov reported to the US Securities and Exchange Commission on attracting $ 850 million from 94 investors in the second phase of the closed ICO of TON. The minimum investment amount was $ 1 million. The document is published on the SEC website.

Earlier in the pre-sale phase, Telegram attracted $ 850 million from 81 investors. At the pre-sale stage, some sources claimed that Telegram received bids for $ 3.8 billion.

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   410

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.