Well, it is actually one case, since there is only one alleged person. And the guy made himself very vulnerable without any help 
Yea he's a pro at this. I wonder how many shell companies he owns.
Topic: The SEC has started enforcement actions against fraudulent ICOs - page 2. (Read 526 times)
October 01, 2017, 03:34:36 PM
His name looks Russian... So many Russian scammers in crypto these days. Not long ago they had this Russian from BTC-e arrested and now we have one guy running two operations suspected of being a scam at the same time.
Yea he's a pro at this. I wonder how many shell companies he owns.
Yea he's a pro at this. I wonder how many shell companies he owns.
October 01, 2017, 03:18:49 PM
Well, it is actually one case, since there is only one alleged person. And the guy made himself very vulnerable without any help
October 01, 2017, 03:09:49 PM
The SEC usually take their time in building cases so if they have brought 2 cases my suspicion is that there are many more to come. I am pretty happy that if the ICO were frauds that they should be prosecuted. No complaints from me.
The danger comes from blanket actions that anyone who touched any ICO gets prosecuted, "being guilty by association"
Watching, waiting.
The danger comes from blanket actions that anyone who touched any ICO gets prosecuted, "being guilty by association"
Watching, waiting.
October 01, 2017, 03:03:23 PM
Here is comments from Zaslavskiy — he promises to fight in courts. And some explanations as well.
https://anycoin.news/2017/09/30/maksim-zaslavsky-on-sec-charges-we-will-fight/?utm_source=bt&utm_medium=l&utm_campaign=bt
https://anycoin.news/2017/09/30/maksim-zaslavsky-on-sec-charges-we-will-fight/?utm_source=bt&utm_medium=l&utm_campaign=bt
September 29, 2017, 06:17:09 PM
It's a fine move and people need protecting from themselves. But if they carry on doing their jobs then ICO teams will simply move offshore. There are too many stupid people wanting to throw their money at any old shit and there'll always be scum willing to give them what they think they want.
September 29, 2017, 06:15:00 PM
Good to see action taken against bad ICOs such as this one. I think people will begin to see that they can't just swindle people out of their money and face no consequences. This is a step in the right direction rather than outright banning ICOs.
September 29, 2017, 06:09:44 PM
I think this is a good thing ICO are being taken advantage of by scammers and companies wanting to make a quick buck without liabilities. I think this will lead too cryptocurrencies being less volatile too.
September 29, 2017, 05:47:05 PM
Having been involved in this space since 2012 and now seeing the ICO investors who throw money at these projects, its crazy to me how few of them to any research. They ask the craziest, dumbest questions because they invest no time making sure they're investing in legitimate projects.
This is probably why the SEC is needed. Its absolutely insane how little due diligence people do, which I don't understand, because the topic is their hard-earned money.
-B-
This is probably why the SEC is needed. Its absolutely insane how little due diligence people do, which I don't understand, because the topic is their hard-earned money.
-B-
September 29, 2017, 05:41:06 PM
That is a good development. Hopefully this will serve as a lesson to those scams ICO so that they will stop creating such. And also to investors to so that they will spend some time to study the ICO before joining or investing to them. Good work SEC.
September 29, 2017, 05:36:04 PM
That's the right thing to do, because many ICOs also use illegal ones,
With the SEC action ,, will make ICO better in the future.
I support it
With the SEC action ,, will make ICO better in the future.
I support it
September 29, 2017, 05:27:35 PM
According to a new press release from the SEC, two ICOs have been targeted for enforcement actions -- REcoin and the Diamond Reserve Club, which are apparently run by some fraud named Maksim Zaslavskiy. He claimed that $2 - $4 million was raised in the ICOs, when only $300,000 was raised. He also claimed to have a "team of lawyers, professionals, brokers, and accountants" when apparently none had ever been consulted. There is an emergency court order to freeze his assets (but good luck to the victims in recovering the funds)....
See here: https://www.sec.gov/news/press-release/2017-185-0
See here: https://www.sec.gov/news/press-release/2017-185-0
Jump to: