Mobi Bitcoin wallet now supports LTC, ETH, Bitcoin Cash

Mobi Bitcoin wallet adds support for Litecoin, Ethereum and Bitcoin Cash
14 October 2017   2525

Following Exodus move, another crypto wallet adds support for several top digital currencies. Thus, the multi-currency Bitcoin wallet developed by BTCC, Mobi, now supports LTC, ETH and Bitcoin Cash.

The wallet is also celebrating the introduction of more crypto wallets with two contests:

  • Deposit LTC, BTC, ETH, or BCC before 23:59 PM (UTC) on Sunday, October 22nd, 2017, for the chance to win 100 USD 
  • Retweet the Mobi new wallets graphic on Mobi’s Twitter and post in Mobi’s Telegram group before 23:59 PM (UTC) on Sunday, October 22nd, 2017 and win 50 USD 

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   271

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.