Liaoyuan is hosting the Blockchain Without Borders Summit 2018

Service platform for entrepreneurship and venture capital Liaoyuan along with Spark Blockchain Incubator will organize a conference on May 12
08 May 2018   1360

New York City will welcome the Blockchain Without Borders Summit 2018 on May 12 at New York Marriott Marquis. The event will be comprised of a conference session (with panel discussions, fireside chats, keynotes and thematic sharing), a startup pitch session and a career fair.

Some of the speakers that will be present at the stage are as follows:

2018 Startup Blockshow is a startup pitch platform allowing startups from all over the world to present their projects to tech leaders and investors. Selected projects will get fundraising, professional feedback and business development.

Blockchain Career Fair is going to provide the offline communication opportunity for the top developers and talents with startups. Among the notable partners there are Nebulas, Blockchain Week NYC and Krypital Group.

Liaoyuan is a platform that provides investment leads and talent acquisition service for venture capital companies in China and U.S. Spark Blockchain Incubator is trying to build a comprehensive blockchain application ecosystem. To learn more about the event including the full agenda, you can have a look at the official page here.

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.