BitBlog Weekly Update | JD Supra
This BitBlog summary focuses on the continuing actions by the U.S. Securities and Exchange Commission (“SEC”) against the issuers of noncompliant initial coin offerings (“ICOs”) and other crypto related transactions including the largest settlement to date, a letter written by the SEC stating that Bitcoin is not a security, a default judgment against a cryptocurrency company accused of supplying false information to obtain qualification under the Regulation A+ securities registration and the rejection of a Bitcoin ETF (exchange traded fund).