Tagged: illegal fundraising

Another Lawsuit Filed Against Block.one for Allegedly Collecting $200 Million+ in Funds in an Illegal Manner

May 19, 2020 @ 10:25 am By Omar Faridi |

Investors are reportedly looking to recover funds they had invested in EOS tokens, which they did through the record-breaking $4.1 billion initial coin offering (ICO) conducted by Block.one, the Cayman Islands-registered software developer that created EOS, one of the largest platforms for building decentralized applications… Read More

Brief: Big Data is China’s New Tool Against Illegal Fundraising

June 24, 2015 @ 11:32 pm By Midori Yoshimura |

China’s crowdfunding and peer-to-peer lending markets have frequently featured in the news, as China seeks to decrease fraud in its rapidly expanding Internet finance world. Now, Beijing’s financial supervision agencies are using big data to crack down on illegal fundraising, with an online pre-warning platform already… Read More

Read more in: Asia, Strategy | Tagged beijing, big data, china, fraud, illegal fundraising, internet finance