Quantstamp Agrees To Pay $3.4M After SEC Charges Over $28M ICO
The US Securities and Exchange Commission (SEC) has accused blockchain security company Quantstamp of holding an unregistered initial coin offering (ICO) of "crypto asset securities."
Timeline of Quantstamp
SEC charges Quantstamp for 2017 initial coin offering - CryptoSlate
The U.S. Securities and Exchange Commission (SEC) charged Quantstamp, a well-known blockchain security firm, with conducting an unregistered Initial Coin Offering (ICO) on July 21. The SEC said that, in October and November 2017, Quantstamp raised over $28 million by selling QSP tokens to about 5,000 investors, including those in the United States.
San Francisco's Quantstamp Settles SEC Charges Over $28.35M Crypto Offering - Benzinga
The U.S. Securities and Exchange Commission (SEC) has taken action against Quantstamp, Inc. (QSP), a San Francisco-based firm, for executing an unregistered initial coin offering (ICO) involving crypto asset securities. In a bid to settle these charges, Quantstamp has agreed to relinquish the profits generated from the offering, in addition to paying a civil fine.
SEC goes after Quantstamp for $28M ICO – A Ripple replay? - Cryptopolitan
In the wake of the recent legal dispute between the U.S. Securities and Exchange Commission and Ripple, the agency has now turned its attention to Quantstamp, a blockchain security company, and filed charges of alleged violations extending back six years.
SEC Sues Quantstamp for Raising Funds Through Unregistered ICO - BeInCrypto
The US Securities and Exchange Commission (SEC) has targeted the smart contract auditing firm Quantstamp for raising $28 million through an Initial Coin Offering (ICO) of unregistered securities.
SEC Imposes $3.5 Million Penalties on QUANTSTAMP Over Unauthorized ICO! - Crypto Mufasa
The Securities and Exchange Commission says that Quantstamp will have to pay $3.5 million. The reason for this is that Quantstamp came clean about carrying out securities sales that were unregistered.
SEC charges Quantstamp over unauthorized ICO - Crypto news
In a clash between blockchain enterprise Quantstamp and the U.S. SEC, the murky legal waters of initial coin offerings and crypto regulations come to the forefront. Another legal skirmish has unfolded, this time involving the U.S.
After Ripple ruling, SEC slips in charges against Quantstamp - Blockworks
Just days after a judge ruled on the years-long case involving SEC and Ripple, the regulator hit a blockchain security company with charges of alleged violations going back six years.
