Force Network to Release Whitepaper

The whitepaper explaining the technical details of ForceNet and its plans for execution is scheduled to be released on March 31, 2018
31 March 2018   1057

The team of Force coin revived the fledgling coin and took to establishing a legitimate legal entity for Force, additionally, they provided the goal of developing a decentralized Internet-like network as Force’s main purpose. The team aims to develop Force into a standout project by creating a decentralized and scalable Internet-like network solution called ForceNet. A thorough whitepaper, explaining the technical details of ForceNet and its plans for execution, is currently being drafted for release which is scheduled for March 31, 2018. In addition, a bit later, the Force team will be revealed.

Force coin whitepaper release countdown at the moment of pressForce Coin whitepaper release countdown at the moment of press

The problem is that the beginnings of the Force project began when the original developer showed no desire to produce a working and viable product, but, instead, aimed to deceive the community and dump his pre-mine on exchanges, and in the process, he decimated the market for Force and cashed out at the expense of early investors. At the behest of the Force community, a core group of trustworthy Force community members, consisting of blockchain specialists and enthusiastic developers, initiated a community takeover to continue work on Force and give legitimacy to the project, are currently are doing their best to deliver new features to the users, and we will keep following the news of Force Coin project.

California Court to Issue a Temporary Ban on Blockvest

SEC had found a lot of violations, including the "approval" of non-existed "Blockchain Exchange Commission"
15 February 2019   123

The Southern District of California Court, represented by Judge Gonzalo Kuriel, issued a preliminary ban against BlockOw ICO-startup Blockvest LLC and its founder Reginald Buddy Ringold (Rasul Abdul Rahim El), citing violations of securities laws in the past and possible violations in the future.

SEC Info
SEC Info

Court ruled that the BLV tokenail violated the norms of section 17 of the Securities Act of 1933, and recognized tokens as unregistered securities.

November last year, Judge Gonzalo Curiel refused to recognize the Blockvest project token as a security, because the SEC could not prove otherwise.