Blog Archives

SEC settles charges against SatoshiDICE founder Erik Voorhees

Posted on 3rd June, 2014

Earlier this year, the U.S. Securities and Exchange Commission (SEC) began an investigation into popular bitcoin-backed gambling site SatoshiDICE and its founder Erik Voorhees. The charges stem from the initial public offering of SatoshiDICE and related startup FeedZeBirds, both of which took place in the U.S. without registering as securities with federal authorities. Given that […]

Winklevoss Twins’ plan to list new bitcoin trust on NASDAQ

Posted on 9th May, 2014

It’s no secret that the Cameron and Tyler Winklevoss have high hopes for their soon-to-launch Winklevoss Bitcoin Trust (WBT). What may be more suprising, however, is just how mainstream the “Winklevii” plan to make their new exchange traded fund (ETF). Rather than testing the waters by listing on a smaller exchange, the brothers plan to […]

SEC issues new investor alert about bitcoin scams

Posted on 7th May, 2014

In a new alert issued today, the U.S. Securities and Exchange Commission (SEC) warned investors about the increased risks of fraud from virtual currency-related schemes. The new SEC alert is an update to their previous cautionary release about virtual currencies, which warned of potential Ponzi schemes using digital money. Innovations and new technologies are often […]

Are SatoshiDice and MPEx under SEC investigation?

Posted on 19th March, 2014

If a recent post by often-controversial bitcoin personality Mircea Popescu is to be believed, the U.S. Securities and Exchange Commission has focused their gaze on well-known bitcoin gambling site SatoshiDice. Popescu posted a series of emails he exchanged with SEC senior attorney Daphna Waxman, who was requesting information about the listing of shares of SatoshiDice […]