Theranos founder Elizabeth Holmes charged with massive, ‘years-long fraud’

Years after it was reported that the SEC was looking into improprieties at the once high-flying blood-testing company Theranos, its founder, Elizabeth Holmes, and the company’s former president,

SEC says cryptocurrency exchanges are an unregulated mess

The U.S. Securities and Exchange Commission has issued a warning on cryptocurrency exchanges. The SEC says that many exchanges are currently unregulated and can do whatever they want with your money.

The SEC is reportedly investigating a number of ICOs

The SEC is getting up close and personal with companies that have raised ICOs, according to a new report. Citing sources, the Wall Street Journal is reporting that the commission has “issued doz

SEC warns against public companies adding blockchain to their name

Everyone knows that both Main Street and Wall Street investors are going gangbusters for cryptocurrency and blockchain-related technology. But here’s the thing. It’s currently nearly impos

Hope grows that a larger SEC crackdown on ICOs is coming — and soon

More than $3 billion has been raised through so-called initial coin offerings so far in 2017. Yet while numerous of these have already proven to be good old-fashioned scams, regulators in Washington h

Silicon Valley could be the next hotspot for SEC whistleblowers

In recent years, the SEC has had greater success policing wrongdoing due in large part to the implementation of its whistleblower program. But the whistleblowers’ crosshairs are not limited to Wall

SEC fines Zenefits and former CEO Parker Conrad nearly $1 million for misleading investors

The SEC is showing its muscle in Silicon Valley with a crackdown on bad behavior, starting with unicorn startup Zenefits and its former CEO Parker Conrad. First noted on BuzzFeed, the human resources

The SEC has charged two initial coin offerings with defrauding investors

The Securities and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurre

SEC shows support for ICOs that are not obviously securities

The SEC appears to have taken very thoughtful action on two crypto projects to date. Nay-sayers are predicting the end, while proponents of crypto dismiss the actions. Here's a quick analysis of what

Dear Floyd Mayweather, you’re why the SEC exists

Dear Floyd Mayweather: While perusing Facebook, I chanced across your post drumming up interest in the upcoming Stox initial coin offering (ICO). I understand your motivations in wanting to diversif

Crunch Report | SEC Starts Regulating ICOs

Smallest spacecraft ever launched makes it into low-earth orbit, the SEC starts regulating ICOs and a new dating app only for verified Twitter users. All this on Crunch Report.

Bitcoin drops 15% after the SEC rejects the Winklevoss ETF

The SEC just issued their ruling on the Winkelevoss bitcoin ETF, and it wasn't good news for enthusiasts of the digital currency. Regulators rejected the proposed application, mainly because of the la

The SEC is reportedly investigating why Yahoo took so long to disclose that it was hacked

As if two massive data breaches affecting more than one billion users isn't enough, Yahoo is now under investigation from the SEC for not disclosing the hacks sooner, according to a Wall Street Journa

Andy Rubin looks to raise $500 million in a new fund for Playground Ventures

Andy Rubin is looking for another big round of funding for his hardware incubator, Playground Ventures. According to an SEC filing that popped up yesterday (via Dan Primack), the Android founder is lo

Seen enough? Here’s how to get the SEC’s attention

McKessy left the agency in late July to join the Washington office of the whistleblower law firm Phillips & Cohen. He was in San Francisco this week, however, and we sat down with him to discuss a

Senate committee calls out Elon Musk, wants answers on Tesla Autopilot

The U.S. Senate Committee on Commerce, Science and Transportation has called out Tesla CEO Elon Musk to answer some questions about the company’s Autopilot technology, and what the Silicon Valle

Tesla under investigation for possible breach of securities law, WSJ reports

Tesla is under investigation by the U.S. Securities and Exchange Commission, The Wall Street Journal reported, for a possible securities law breach. What’s at issue is whether the electric vehicle c

Alibaba faces U.S. investigation into its accounting practices

Alibaba's accounting methods are under investigation in the U.S.. The Chinese e-commerce giant, which went public in 2014 in the largest NYSE IPO in history, quietly disclosed that the SEC is looking

Why Britain is beating the U.S. at financial innovation

Legislation allowing ordinary American investors to invest in the shares of startups and small businesses was first introduced in the U.S. Congress in 2011. Despite bipartisan support and the approval

The SEC could change the requirements for investing in startups, and that’s not good

As strange as it may seem, only a small percentage of Americans can legally invest in most startups today. Under long-standing rules governing who qualifies as a so-called “accredited investor,” o
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