Genesis Vision is rolling out alpha

Alpha version of the Genesis Vision platform will be released on April 1 with a global scale and public access
28 March 2018   753

The alpha version of Genesis Vision is set to roll out on April 1. The platform will be available in a demo state with anyone willing is welcome to join for free. The testing will be conducted under platform overload and based on the performance results the global Genesis Vision managers will form. The alpha version will feature trading history recording module, Rating and Investor program creation, statistical data calculation, GVT wallet and Genesis Markets broker. Mobile applications for iOS and Android platforms are also included.

The following trading tools will be at users' disposal upon alpha release: Forex, metals, CFDs on energy sources, CFDs on indices, crypto, crypto CFD, indexes - these tools were provided by such brokers like Just2Trade and Larson and Holz. As for the trading itself, it will be on MetaTrader 4/5 trading servers on all available platforms. The system will include Investor (perform investments into the program) and Manager (create investments programs) sections with a Dashboard (to track the performance investor-wise). The mobile solutions will contain only Investor section as for Manager section it's more rational to use web-version.

The exact date of the demo state completion shall be announced upon the reveal of the performance results. At the moment of the publication, the market indicators for Genesis Vision are as follows:

Average price: $24.49

Market cap: $91,280,045

Volume (24h): $10,610,100

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   223

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.