Tokyo Crypto and Blockchain Alliance is holding a meetup

The event titled 'Blockchain Unchained: The Evolution' is set to take place on May 9 with the 'edutainment' format
07 May 2018   753

Crypto and Blockchain Alliance in Tokyo will organize a meetup on May 9 at Super Deluxe venue. The format is a fresh one called "edutainment": blockchain experts in Tokyo (with experience of cooperation with IOTA, Ethereum, Cardano), blockchain researchers from Tokyo University and finance professionals are going to inspire education; the entertainment portion will take form of quizzes and prizes.

The agenda of the meetup is as follows:

18:30-19:00 Check-in
19:00-19:10 Welcome & Icebreaker
19:10-19:35 Blockchain Industries: Off-chain to On-chain worlds + Q&A + Game
19:35-19:55 Swissborg: The evolution of wealth management + Q&A + Game
19:55-20:20 Wirex: The evolution of payments + Q&A + Game
20:20-20:45 Jupiter Project: The future of security + Q&A + Game
20:45-21:15 Expert Panel Live Discussion: Blockchain Scalability + Mass adoption
21:15-21:45 Networking
21:45-22:00 Wrap-up and Thank-you

Among the notable speakers there will be CEO and co-founder of Blockchain Industries Patrick Moynihan, WIREX Director of Business Development Kevin Newman, Jupiter Project founder Manabu Matsuda. You can learn more about the event bu visiting the Eventbrite page here.

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   346

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.