Steve Wozniak to Join Equi

Unfortunately, Steve hadn't mention his role in the project
22 August 2018   948

The legendary co-founder of Apple Steve Wozniak said that he is cooperating with the cryptocurrency-focused investment company Equi Capital, Coindesk reports.

According to Wozniak, he is blokchain company for a first time. He also noted that "was amazed at the technology behind [cryptocurrency]."

Equi is positioned as an alternative investment firm, which is designed to help retail and professional players acquire comapnies' shares.

Our approach is not like a new currency, or something phony where an event will make it go up in value. It's a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai. We have one person in our group who has listed out a whole apartment building for bitcoin.

Steve Wozniak

Co-founder, Apple

Unfortunately, Steve hadn't mention his role in the project. He only noted that the company can be registered on Malta.

I've encountered people working in real estate avenues, types of Uber systems, everything we've got in our life, especially involving transactions – retail sales, car sales, manufacturing of goods … working on bitcoin applications … and they all have value.

Steve Wozniak

Co-founder, Apple

Recently, Steve Wozniak called the blockchain a bubble, and bitcoin - "just amazing." Also earlier this year, Wozniak complained that the scammers had stolen seven bitcoins from him.

Gladius to Register Token as Security & Refund Investors

Startup self-reported in SEC on unregisted securities offering and cooperate with Commission, so it won't be fined
21 February 2019   95

Cryptocurrency startup Gladius Network LLC has informed the US Securities and Exchange Commission (SEC) about the sale of unregistered securities. On February 20, the SEC filed relevant charges.

During the ICO, the Gladius project raised $ 12.7 million in cryptocurrency equivalent for the development of a network for leasing computing facilities to protect against cyber attacks. The SEC stressed that the startup did not register their tokens as securities, as required by federal law, and did not agree to exclude them from the rules in the legal manner.

Moreover, tokensale was held after the publication of the SEC report on the situation with The DAO, in which the regulator stated that ICO can offer securities.

The press release says that Gladius contacted the SEC in the summer of 2018 and expressed interest in cooperating with the investigation. Thus, the agency refused to levy a fine, because the startup voluntarily agreed to return the funds to investors who require it and register the token in accordance with the provisions of the Securities Act of 1934.