Octoin to hold a meeting of leaders of Indonesia

An important meetup of the leaders of Indonesia on April 8 to discuss the further company development
04 April 2018   627

Octoin has announced a new social event. An important meetup of Indonesian leaders will be held on April 8 in Tulungagung at Istana Hotel venue. The meetup aims to clarify the details of coordination of the Octoin projects and its participants. The focus is set to prospects and plans of the company's growth and development. The participating leaders will be able to share their experience and expertise with each other and offer new ideas for the further promotion of the Octoin community.

Octoin is an international platform with the maximum number of investment tools for earning the money at crypto market. The project mission is to make the cryptocurrency easy and affordable. According to the roadmap, the next step of the project development is the upgrade of the platform and connecting new services in May 2018.

At the moment of publication, Octoin market characteristics are as follows

Average price: $3.35

Volume (24H): $817,908

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   304

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.