Rivetz News

United States District Judge Mark Mastroianni granted the SEC's motion for a summary judgement.

The U.S. Securities and Exchange Commission (SEC) has won the case against now inoperative crypto firm, Rivetz Corp…

A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017.

On Tuesday, June 11, 2024, Steven K. Sprague, CEO of Rivetz Corp., filed a response to the Securities and Exchange Commission’s (SEC) notice of supplemental authorities in an ongoing securities case. The SEC had filed a notice on May 23rd citing a...

Ballina terms the SEC allegations unfounded, misconceptions of fact and law, and says he is prepared to fight the charges.  

Another wave of selling hit BTC and sent its price to lows not seen since December 2020. Does on-chain data suggest this dip is worth buying?

Bitcoin has historically been one of the most speculated assets in the crypto-space, despite the emergence of more capable and efficient chains. Surprisingly, there is just a simple reason- Bitcoin is more than just another coin. Its value is...

The SEC has charged yet another ICO for its failure to register while conducting an $18 million token offering.

Rivetz has been charged by the US Securities and Exchange Comission (SEC) over its $18 million initial coin offering (ICO) in 2017, a recently released litigation show. The post SEC charges former 4chan favorite Rivetz over $18 million ICO appeared...

The SEC alleged that some of the proceeds from the offering were used to give the founder a bonus of $1 million and a loan of $2.5 million which he used to purchase a house in the Cayman Islands.