Tagged: david laurance

ICO Tokens & the SEC: You Can’t Even Give Them Away …. No, Seriously

August 16, 2018 @ 6:13 pm By Dror Futter |

Summary: The SEC has issued a Cease & Desist Order and sanctions against a token issuer and its founder. Among several findings, the SEC determined that the “Bounty Program” run by the issuer constituted a securities offering. The Order states “a ‘gift’ of a… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion, Politics, Legal & Regulation, Strategy | Tagged bounty, david laurance, dror futter, enforcement, ico, initial coin offering, perspective, sec, securities and exchange commission, tomahawk

Tomahawkcoin: SEC Bans Alleged ICO Fraud Perp with Previous Criminal Conviction

August 14, 2018 @ 1:55 pm By JD Alois |

The Securities and Exchange Commission has received a permanent ban on David T. Laurance and his Tomahawk Exploration LLC. Laurence attempted to raise money issuing a “Tomahawkcoin” (TOM) in an initial coin offering (ICO). While the ICO was not successful it tripped the fraud triggers… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Offerings, Politics, Legal & Regulation | Tagged david laurance, ico, initial coin offering