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Split SEC Settles Touting Charges with ICO "Listing" Website | WilmerHale


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On July 14, 2021, the US Securities and Exchange Commission (SEC or Commission) announced settled charges against Blotics, Ltd., f/d/b/a Coinschedule Ltd. (Coinschedule), the UK-based operator of Coinschedule.com, a now-defunct website that profiled offerings of digital assets.
1 The SEC charged Coinschedule with violations of the anti-touting provisions of Section 17(b) of the Securities Act of 1933 (the Securities Act). Section 17(b) makes it unlawful for any person to promote a security without disclosing that they received consideration for doing so or the amount of such consideration.
2 Although the SEC has pursued anti-touting charges against website operators in the past, ....

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Metaverse Weekly: Space Jam Premieres With NFTs, Buffalo London Collabs With The Fabricant, Harry Potter Store Gets New VR Experiences, American Express Gets Into NFTs

Metaverse Weekly: Space Jam Premieres With NFTs, Buffalo London Collabs With The Fabricant, Harry Potter Store Gets New VR Experiences, American Express Gets Into NFTs
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Wyoming legally recognizes first DAO in the United States


Wyoming legally recognizes first DAO in the United States
Wyoming is further solidifying its position as the most crypto-friendly state in North America.
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The crypto-friendly state of Wyoming has approved the first legally recognized decentralized autonomous organization (DAO) in the United States.
The American CryptoFed DAO received notice from the Wyoming Secretary of State’s office on Tuesday recognizing it as a legal entity, according to a Sunday announcement.
Marian Orr, CEO of the American CryptoFed DAO, stated:
“Wyoming is the leading digital assets jurisdiction in the USA, and now with this DAO law, Wyoming is arguably the top blockchain jurisdiction in the world. What this means is that creating a true digital currency with mass acceptance is now possible.” ....

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