Salon de la Crypto organizes a conference with SmartCash

In search for insights on cryptocurrency phenomenon Salon de la Crypto is holding a conference on May 12 along with its senior sponsor SmartCash
21 April 2018   812

Salon de la Crypto will host a conference in a partnership with its senior sponsor SmartCash on May 12. The goal is to gather in one place and discuss the cryptocurrency concept. Several SmartCash developers and community members will come from abroad for the meetup. Moreover, AntovolatilityCoin will host a booth for sharing information and answering questions.

Among other collaborators, there will be Crypto World Evolution, CryptoShirt, Fond Rivemont crypto, Coinplace, Onelife, Morrex, Miningcave, APPxCRYPTO, Market Architect, La bulle crypto, Octomining, Ubimust, École crypto, Crypto solution and Technologie D-central. The eventstarts at 13:00. The agenda of conference is as follows:

  • 13:30-14:30 | Catallaxy Conference
  • 15:00-15:30 | Will Salmon - Blockchain will change the world
  • 15:30-16:00 | The utilities of the crypto at this time and to come.
  • 16:30-17:30 | Guillaume Déziel - The blockchain, culture and tokenization of rights
  • 18:00-19:00 | Question period with the speakers
  • 19:00-20:00 | EOS Conference

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   174

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.