ICO and Token Placement | FinTelegram News

Category: ICO and Token Placement

July 2, 2023

First Review Of REAL-TOK, The World’s Largest ICO Launched Via Dubai!

As the REAL-TOK website has announced for months, the €1.2B Initial Coin Offering of the RLTO real estate token was launched on July 1, 2023. This is probably the biggest ICO so far in the last 2 years. Organized by the Vienna-based REALTO Group led by the Austrian real estate investors Peter Kilian, Lukas-Koch Hochmuth, and Thomas Wagenhofer, the token sale is expected to raise no less than €1.2 billion. One RLTO will be sold at a nominal €1, with VIP users getting a 10% discount.

June 17, 2023

Interesting: The Perhaps Largest ICO Around A Catholic Monastery Launches Soon!

On July 1, 2023, probably the most ambitious Initial Coin Offering (ICO) worldwide will start via Vienna and Dubai. In the course of this so-called REAL-TOK ICO, up to 1.2 billion real-estate crypto tokens are to be sold for €1.00 each. This makes targeted proceeds of €1.2 billion. The issuer of this gigantic ICO is the Vienna-and Dubai-based REALTO Group. In the middle of this ICO is a Catholic monastery which owns the group's real-estate properties.

October 22, 2020

Crypto Regulation – U.S. SEC Obtains Final Judgment Against Kik and settles case with $5 Mio fine

The U.S. SEC announced that a federal district court has entered a final judgment on consent against Kik Interactive Inc. ("Kik") to resolve the SEC’s charges that Kik’s unregistered offering of digital “Kin” tokens in 2017 violated the federal securities laws. On the legal grounds of this final judgment the court approved a settlement between Canadian Kik and SEC. Under the settlement, Kik will pay a US$5 million penalty.

November 12, 2019

Founder of crypto startup Komodore64 arrested by Dutch police

According to reports of internet news portals CoinTelegram and Sprout, the Dutch police have arrested the founder of blockchain game development startup Komodore64. The crypto..

October 9, 2019

Fact check: Will Envion founders really donate millions to the crypto community?

This article has originally been published on Envion Watchdog on Oct 6, 2019, and is republished on FinTelegram with the respective permission What is going..

September 20, 2019

ICO Reckoning – SEC sues ICO Promotor ICOBox and its founder Nikolay Evdokimov

The evolving crypto scam scene Parallel to the hype of binary options, a broker scene specialized in crypto scams developed since 2016. This development was..

June 5, 2019

Regulatory Complaint – SEC charges Kik with conducting $100 million unregistered ICO

The U.S. Securities and Exchange Commission (SEC) sued Kik Interactive Inc. for illegally raising $100 million through its Initial Coin Offering (ICO) in 2017. The..

May 29, 2019

Defend Crypto Crowdfunding Campaign – Messaging Service Kik fights SEC’s ‘Innovation Tax’

During the ICO hype in 2017, Canadian messaging app Kik raised about $100 million in an ICO with the issuance of their Kin token. Only..

May 18, 2019

Crypto Scams Uncovered – Goxtrade, RepoX, And JoyToken

Crypto winter seems to be over. The bulls moved back in. The flash crash of the last few days more than 30 billion loss of..

April 19, 2019

The Strange Case Of Richard Kastelein And His Declaration of War On FinTelegram

FinTelegram and its team are threatened almost every single day. We have received death threats several times already, threats of criminal charges are as common..

April 5, 2019

Veltyco Venture eSports.com Files For Bankruptcy

The dark empire around the German Uwe Lenhoff and his public Veltyco Group has to take another hit. Veltyco’s German subsidiary eSports.com AG, founded in..

March 11, 2019

Miner One! Another ICO Founder Arrested!

Miner One, Failed ICO or Blatant Fraud? Part II Last week Pranas Slusny, Founder of Miner One, another promising mining company who did a successful..

Compliance Report: Sergey Mendeleev, Garantex, and Exved – The Rising Role of Crypto in Russia’s Sanctions Evasion Strategy

Sergey Mendeleev, a prominent figure in Russia's cryptocurrency scene, has played a central role in the establishment and operation of two key platforms—Garantex and Exved. These platforms have been instrumental in facilitating cross-border payments and crypto transactions, potentially serving as important tools for Russia’s sanctions evasion strategy. Mendeleev's growing influence in this space, coupled with Russia's evolving regulatory framework, positions him as a key player in Russia.

Russia’s New Crypto Strategy for Sanctions Evasion

Russia’s new crypto laws, allowing mining and international payments in digital currencies, are part of a broader strategy to evade Western sanctions and reduce dependence on the U.S. dollar. This move, led by the Central Bank of Russia (CBR), opens up new compliance risks for global financial institutions dealing with Russian entities. The new laws are set to take effect in September for cross-border payments and in November for crypto mining.

Secretive Cyprus Funds Used to Obscure Megayachts and Real Estate Linked to Sanctioned Russian Banker

A recent OCCRP investigation revealed that Cyprus-registered RAIFs were used to hide megayachts and real estate linked to sanctioned Russian banker Andrei Kostin. These secretive funds, managed by Inveqo, allowed clients to avoid disclosing their ownership, raising concerns about the effectiveness of sanctions and regulatory enforcement. The case highlights the challenges of ensuring transparency and preventing financial crime in the global investment landscape.

First-Ever Crypto Seizure in Scotland Under New UK Law

Crypto has undoubtedly become mainstream, particularly in the cybercrime sphere. In a first for Scottish law enforcement, £110,000 in cryptocurrency has been confiscated from John Ross Rennie following a violent robbery. Under new UK rules, police can now seize crypto assets without needing to make an arrest, highlighting a growing focus on tackling digital crime as incidents involving cryptocurrency continue to rise.

Former Lebanon Central Bank Governor Riad Salameh Charged with Financial Crimes

It was a long-expected move. The powerful former Lebanon Central Bank Governor Riad Salameh has been arrested and charged with embezzling $42 million in public funds, part of a broader $110 million fraud case. His detention comes amid ongoing domestic and international investigations into financial misconduct during his controversial three-decade tenure. In 2022, the European Union Agency for Criminal Justice Cooperation (Eurojust) froze assets worth €120 million tied to Salame.