Posts made in August, 2021

SEC Halts AriseBank ICO: What it Means for Investors

Posted by on Aug 31, 2021 in Investments | 0 comments

SEC Halts AriseBank ICO: What it Means for Investors

In a surprising turn of events, the SEC halted AriseBank’s ICO. The reason for this is that they were not able to file their registration statement on time. This has left investors wondering what will happen next and whether or not it will affect them.

To help answer these questions, we have put together a blog post outlining why SEC halted AriseBank ICO due to failure to file, how it affects you as an investor and what steps should be taken to protect your assets moving forward.

Why Did SEO Halt AriseBank ICO?

The SEC halted the digital currency company’s initial coin offering (ICO) due to its failure to file a registration statement.

Why was this decision made? To run an ICO, you need two things – you have to register with the SEC, and you have to file a registration statement.

AriseBank failed to do this on time, which was the catalyst for the decision by SEC.

What Does This Mean For Investors?

The ramifications of not filing with the SEC are significant as they can result in civil or criminal penalties from the government agency that regulates securities trading.

An announcement from the SEC indicates that it will be “taking action against persons who use unregistered offers and sales of digital securities.” There is still time for AriseBank to rectify its mistake.

What Should I Do?

If you have any investments in a company, now would be a good time to look into your holdings and ensure that they are registered with the SEC.

You should also look into whether or not it is better to distribute your assets in digital securities or cash at this point, as this will be a vital decision moving forward.

Lastly, take the help of a skilled and highly experienced investment fraud lawyer like Erez Law whenever you feel like your broker or a firm misled you into a bad investment. This step will ensure that you can recover your money on time without facing any legal or financial troubles.

Read More

Where Does Las Vegas Stand In Traffic Safety Laws?

Posted by on Aug 23, 2021 in Personal Injury | 0 comments

Where Does Las Vegas Stand In Traffic Safety Laws?

Las Vegas is one of the best cities for partying and fun activities; however, when it comes to traffic safety laws, the city doesn’t perform that well. People like to drink and consume alcohol a lot here, which exposes them to the risk of a traffic violations, accidents, and injuries. This post talks about the state of traffic safety in Las Vegas and how you can protect yourself. 

Traffic Safety Laws:

The total number of car accident-related injuries increased by about 3.3% from 2019 to 2020 in Nevada state. Although the traffic was reportedly lesser here due to lockdown and the healthcare system did a decent job by keeping the death rates under control, the number of accidents rose. And if you take a look at the primary reasons behind these accidents, you can see that speeding was the main issue. 

This has been the story of Las Vegas for the last many years. People engage in distracted driving, speeding, and reckless driving quite often here. Despite the government making multiple efforts to keep things under control, they don’t seem to get the message correctly. As a car driver who likes to follow all the rules and laws related to road safety, it’s not a good sign for you. 

The rising number of accidents and the main reason causing them is a clear indication that you are always at the risk of someone else crashing into your vehicle regardless of how attentive you are. So, be aware of the necessary steps you may have to take just in case something unfortunate happens to you. 

The first thing you must do in such a scenario is to report the incident to the police and get everything documented. Once this is done, hire a personal injury law firm like Adam S. Kutner Accident & Injury Attorneys to file a lawsuit against the person at fault and get the financial compensation you deserve. And lastly, follow all the traffic rules and laws without any excuse. 

If you keep in mind these points, you can easily get through any car accident-related incidents comfortably and get justice within due time.

Read More