Cayman Islands Crypto Documents Investment Regulatory Securities and Exchange Commission (SEC) Unlicensed/Unregistered USASeptember 30, 2019

Block.one: $24M Fine

Order Instituting Administrative Proceedings, Making Findings and Imposing a $24 million penalty for conducting an unregistered Initial Coin Offering “worth several billion dollars” against Block.one, described as a Cayman Islands-domiciled “technology company” with “offices in Hong Kong and Blacksburg, Virginia”, before the U. S. Securities and Exchange Commission. Editor’s Note: On its website at www.block.one, Block.one’s “Executive Team” is identified as Brendan Blumer, Daniel Larimer, Andrew Bliss, Steve Ellis, Alex Erasmus, Abby Blumer, James Mendes, Eddie Schwartz, Michael Alexander, Kokuei (Guo) Yuan, and Rob Jesudason. News reports have stated that Block.one’s ICO raised $4 billion.


    • 7
    September 30, 2019
    Block.one
    U. S. Securities and Exchange Commission
    Xx Xx Xx
    Crypto, Investment, Regulatory
    Unlicensed/Unregistered

    Topics

    Cayman Islands Crypto Investment Regulatory USA
    Unlicensed/Unregistered
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    Keywords

    Abby Blumer Alex Erasmus Andrew Bliss Block.one Brendan Blumer
    Daniel Larimer Eddie Schwartz James Mendes Kokuei (Guo) Yuan Michael Alexander Rob Jesudason Steve Ellis U. S. Securities and Exchange Commission
    [ 8 more... ] [ top 5 ]