NewYorkCoin Meetup to Take Place on Manhattan

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City on April 18
31 March 2018   1726

NYC offers its users a decentralized, anonymous and secure worldwide network easily accessible using a wide array of wallets on multiple operating systems. New York Coin is decentralized and has a proven blockchain, churning out transactions every 30 seconds, and most transactions are free in the newyork coin network.

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City. The attendees of the meetup will be able to network with innovators in digital space.

Location: eBay 625 6th Avenue, New York, NY, USA
Date and Time: 

The panelists include James Burrell and Kathy Nielsen. James provides advisory and oversight functions for the NewYorkCoin community. NYCoin’s code features enables users to exchange value electronically to and from any location in the world without the need of a 3rd party custodial services.  NYCoin community volunteers provide software development, business development, marketing, and logistics with the ultimate goal of making NYCoin a leader in the virtual currency space. James adds value to the NYCoin community through his experience in the financial services industry and securities law.

Kathy Nielsen, the Digital Director at Neustar, built an advertising sales team for BabyZones’s 60+ regional sites across the US and Europe. After working in the digital advertising world and learning what it takes to be a successful online business, she moved to the origins of it all - the domain name industry. Later Kathy joined Neustar where she combines her digital advertising, marketing and domain name industry background to support multiple, top-level domains both old and new. She is in her best element when talking to end users about the world of domain names and all the benefits and opportunities they have to offer.

Join and enjoy!

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.