BitMEX Moves to Compulsory ID Checks for All Customers

Hong Kong based cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months. But as a sweetener, they’re offering a trading competition that’s only available to verified customers.  While BitMEX was founded in 2014 and has grown to become […]

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Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations

The Securities and Exchange Commission (SEC) announced today that it has charged Virginia- based company Boontech and its founder Rajesh Pavithran for fraud and failure to register the firm’s tokens that were sold as investment securities.  According to the SEC’s announcement, between November 2017 and January 2018, Boontech sold $5 million worth of its tokens, […]

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