Sec Investigating Overstock.Com Cryptocurrency Activities
Wednesday, February 17, 2016
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Title : Sec Investigating Overstock.Com Cryptocurrency Activities
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Overstock.com Inc.shares barbarous equally much equally 10% this forenoon afterwards the company’s cryptocurrency-focused subsidiary, tZero, said that the Securities together with Exchange Commission was investigating its sale of digital tokens.
According to The Wall Street Journal, Overstock launched tZero inwards August 2015 equally an choice platform for trading securities.
It announced the token offering inwards 2017. In a novel filing, the fellowship reported that it raised $100 million, from 1,100 purchasers, of a planned $250 1000000 offering of tokens. The tokens haven’t nevertheless been issued, the fellowship said, together with it added in that place is no assurance it volition e'er effect the tokens.
The stance that the U.S.A. authorities is going to sit down dorsum together with non stick its olfactory organ inwards the sector is delusional.
-RW
You are now reading the article Sec Investigating Overstock.Com Cryptocurrency Activities with the link address https://inspirationsbymeforyou.blogspot.com/2016/02/sec-investigating-overstockcom.html
Title : Sec Investigating Overstock.Com Cryptocurrency Activities
link : Sec Investigating Overstock.Com Cryptocurrency Activities
Sec Investigating Overstock.Com Cryptocurrency Activities
Overstock.com Inc.shares barbarous equally much equally 10% this forenoon afterwards the company’s cryptocurrency-focused subsidiary, tZero, said that the Securities together with Exchange Commission was investigating its sale of digital tokens.
According to The Wall Street Journal, Overstock launched tZero inwards August 2015 equally an choice platform for trading securities.
It announced the token offering inwards 2017. In a novel filing, the fellowship reported that it raised $100 million, from 1,100 purchasers, of a planned $250 1000000 offering of tokens. The tokens haven’t nevertheless been issued, the fellowship said, together with it added in that place is no assurance it volition e'er effect the tokens.
The stance that the U.S.A. authorities is going to sit down dorsum together with non stick its olfactory organ inwards the sector is delusional.
-RW
Thus the article Sec Investigating Overstock.Com Cryptocurrency Activities
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You are now reading the article Sec Investigating Overstock.Com Cryptocurrency Activities with the link address https://inspirationsbymeforyou.blogspot.com/2016/02/sec-investigating-overstockcom.html