Tagged: loci

SEC Files 434 new enforcements in FY21, Crypto, Dark Web, DeFi Among New Targets

A review of the Securities and Exchange Commission’s (SEC) enforcement actions in this fiscal year show a growing threat posed by cryptocurrency and decentralized finance (DeFi) scammers. The year ended Sept. 30. The SEC filed 434 new enforcement actions in FY2021, and that is a… Read More

SEC Hits LOCI, CEO, With ICO Punishment

The Securities and Exchange Commission has settled charges against a software provider and its CEO for misleading investors about an unregistered offer and sale of digital asset securities. Loci, Inc. and its CEO John Wise allegedly violated the antifraud provisions of Section 10(b) of the… Read More

Digital Asset Exchange Platform BlockEx Adds LOCIcoin to Listing

BlockEx announced on Friday inventors and intellectual property lawyers are now able to purchase LOCI’s LOCIcoin utility token directly in traditional fiat currency for the first time through its digital asset exchange platform. Founded in 2016, LOCI stated it is on a mission to change… Read More

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