Prague to host Crypto Affiliate and Marketing Conference

Following last year's success, Czech Republic capital is chosen to host the second CRAC conference
11 April 2018   752

Large-scale event dedicated to global crypto traffic that is going to revolutionize project development and ICOs is kicking off in the heart of Czech Republic once again. Following last year's success as the event was acknowledged as a solid ground for long-term business and intercommunal relationships, CRAC aims to be a regular event. This year Prague will again play host to the conference on April 23-24. The venue is Industrial Palace in Prague ready to accept 1000+ attendees.

The event will comprise of preparty, afterparty and C level executive dinner. During the conference every ICO founder will be able to address a board of marketing experts to try to get exclusive deals on-site including promotion, consulting and free traffic. Agenda of the event is as follows:

  • 10:00 | There is more to Blockchain than affiliates know. First-hand use cases.
  • 10:30 | MAX KRUPYSHEV (CUBITS)
  • 11:00 | NIV ABRAMOVICH (STX)
  • 11:30 | Talk about the challenges of mass cryptocurrency adoption in the context of ease-of-use, security and regulation and how these things are changing now.
  • 13:30 | ZACH MURRAY (SAIFU)
  • 14:00 | ICOs, Crypto Exchanges and CFDs –Legal Challenges and Solutions You Shouldn’t Miss!
  • 14:30 | Outlining the ICO market future with blockchain crowdfunding.
  • 15:00 | KONSTANTIN KATSEV (TrueFlip)
  • 15:30 | Forensic technology as a staple for healthy ICO environment. Why Blockchain needs protection.
  • 16:00 | ICO Cyber Threats. Protection from 5 different angles of attack.

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.