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Cyber Startup Spared Penalty in Unregistered ICO Case

February 21, 2019 by Eugene Grygo

Cyber Startup Spared Penalty in Unregistered ICO Case

Gladius Network, a cybersecurity vendor whose services are based on blockchain technology, conducted an unregistered initial coin offering (ICO) but later reported its actions to the SEC, agreed to compensate ICO investors, and is registering the ICO tokens as a class of securities — underscoring the SEC’s assertion that digital tokens must conform to securities… Read More >>

Filed Under: Securities Operations, Buy-Side, Case Studies, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Risk Management, Settlement, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Derivatives, Regulatory Reporting, Industry News Tagged With: blockchain/DLT, cyberattacks, DAO, decentralized autonomous organization, distributed denial of service, DLT, Gladius Network, ICO, ICO investors, Max Niebylski, SEC, Unregistered ICO

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