US SEC Fines Erik Voorhees For Unregistered Bitcoin IPOs
The Securities and Exchange Commission (SEC) of the United States today released a press release regarding Erik Voorhees and Satoshi Dice. The SEC has found that Erik Voorhees violated SEctions 5(a) and 5(c) of the Securities Act of 1933 with his unregistered Bitcoin IPOs. Earlier this year, the SEC launched an investigation into the online gambling website Satoshidice.com to inquire as to whether or not the company broke any American laws in its only Bitcoin IPO and subsequent stock run. The SEC’s investigation into Satoshi Dice was first revealed by Mircea Popescu of MPEx, the original....
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The year-long investigation into BTC Trading, Corp has finally come to an end. BTC Trading, Corp was the company behind BTCT.co and litecoinglobal.com. Both sites offered . The SEC has fined BTC Trading, Corp. (BTCT.co) and Ethan Burnside for violating the Securities Act of 1933, the Securities and Exchange Act of 1934, and the Investment Company Act of 1940. Burnside is being fined $58,387 for the profits and interest that he generated as well as a penalty of $10,000. Like Satoshi Dice's founder Erik Voorhees, who was also fined by the SEC, Burnside is neither admitting nor denying the....
Erik Voorhees, the CEO and Founder of non-custodial exchange Shapeshift, plays down the severity of selling unregistered securities. Speaking about the time when the Securities and Exchange Commission (SEC) charged him for publicly offering shares without registering them, Voorhees said: “it was a total garbage non-crime and I had to deal with them for close […]
Predictably, negativity in regards to Bitcoin is gaining traction as the fiat valuation of it loses the same, and Erik Voorhees, the man behind Coinapult and SatoshiDice you may remember from The Rise and Rise of Bitcoin, has (generously) taken the time to respond to a particularly denigrating article in mainstream website the Daily Dot's supplement The Kernel. The article he is responding to is by Gary North, a person Voorhees feels should know better. If you're wondering why Erik would bother to respond to such an uneducated position, it's because "Bitcoin is ultimately a battle of....
Erik Voorhees joined the "Bitcoin Magazine Podcast" to discuss his history with Bitcoin and outlook on the larger decentralized finance ecosystem. The post Interview: What Bitcoin Started With Erik Voorhees appeared first on Bitcoin Magazine.
Bitcoin has several persistent myths about it that just refuse to die. Stefan Molyneux and Erik Voorhees dispel the myths and talk about the reality of the predominant cryptocurrency. Erik Voorhees is the co-founder of Coinapult, worked as Director of Marketing at BitInstant, and was founder and partial owner of the Bitcoin gambling website SatoshiDice. Follow him on twitter at: https://twitter.com/ErikVoorhees