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First company-sponsored Bitcoin retirement plans launched in US

First company-sponsored Bitcoin retirement plans launched in US

DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin. U.S.-based asset manager, Digital Asset Investment Management (DAiM), has launched the country’s first employer-sponsored 401(k) retirement plans supporting Bitcoin. According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in helping companies “create a 401(k) plan […]

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SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case

SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case

The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500 investors. The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly fraudulent art and gold-backed cryptocurrency Meta […]

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