Express

Gold Based Cryptocurrency Company Being Investigated By Florida Officials

Janelle Fox

Summary: German company Karatbars is currently being investigated by Florida fincial regulators, after claiming that they had raised $100 million in a 2018 initial coin offering (ICO), according to CoinDesk. Karat bars has since announced its going to follow up it first token sale with another one in December 2019. While The original sale was for ...

German company Karatbars is currently being investigated by Florida fincial regulators, after claiming that they had raised $100 million in a 2018 initial coin offering (ICO), according to CoinDesk.

Karat bars has since announced its going to follow up it first token sale with another one in December 2019. While The original sale was for an allegedly Gold backed cryptocurrency the new one will be base on a Miami Bank.

By Janelle Fox

Last Update:

Tags: ,,,,
Link: Gold Based Cryptocurrency Company Being Investigated By Florida Officials   [Copy]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 20 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 5 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 8 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 12 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 14 days ago

    • You need to login to comment.