A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
Tag: Unregistered
The ICOBox Dalliance with Unregistered Securities Sales Earns it a $16M Fine
A court in the US has ruled in favour of the SEC in a case it had filed against ICOBox and its founder cum CEO Nikolay Evdokimov. Reports indicate that The District Court of the Central District of California granted the U.S. SEC’s motion for default judgement against the defendants. The case first came before the court in September of last year. In its filing, the SEC accused ICOBox of hosting an unregistered securities sale. Further, it alleged that the…
2 years ago
