In a nice twist, users pressing the "Buy Coins Now" button or attempting to sign up to the newsletter, are instead directed to page at another SEC site - that one with investor education tools and tips.
The website reveals that HoweyCoin is now in the middle of its ICO presale, giving investors just a little more than two weeks to purchase their tokens at a 15 percent discount.
The SEC's fake Web site, HoweyCoins.com, is a wink to the so-called Howey test that emerged from a 1946 Supreme Court ruling to define securities. In recent months, the SEC has made clear it thinks that new digital tokens-which promoters have tried to pass off as akin to subway tokens-are clearly securities.
Okay, that's not actually true, but the agency has constructed a clever campaign meant to teach investors how to identify ICO scams - and troll the fraudsters who continue to operate them. However, the USA agency is not content with dealing with fraudulent ICOs after the fact and instead hopes to educate investors to prevent such scams being successful in the first place. The SEC, of course, hasn't completely banned ICOs across the country, although they do believe the industry is filled with scam opportunities. "These savings will be passed on to you and the earlier you get in on the HoweyCoins ICO the greater the discounts are going to be". The end result is a website that educates users about the dangers of ICOs in a creative way.
In a press release, the SEC noted how easy it was to whip up the fake website.
In 2017 the regulator established a dedicated cyber unit to combat fintech and cyber-related crimes. In January 2018, the agency stopped a fast-moving ICO that was seeking to raise an incredible $1 billion from thousands of investors in an effort to create "the world's first decentralized cryptocurrency bank".
"Fraudsters can quickly build an attractive website and load it up with convoluted jargon to lure investors into phony deals", said Donley.
The SEC's spoof ICO launch, HoweyCoins website breaks down the red flags of fraudulent fundraising to educate potential victims.
HoweyCoins says it combines the "blockchain and travel" to offer ICO participants massive discounts on travel expenses. There's a list of reasons to invest and make money through the platform. The fake company claims to "capture the magic of coin trading profits AND the excitement and guaranteed returns of the travel industry".
From monster trucks to gyrocopters, use an assortment of rugged and wasteland-ready vehicles to speed across the badlands. We have this novel approach: "you buy the game and then you play it", Willits joked with German website GameStar .
Last July, DiNardo lured the men to his family's 90-acre farm in Solebury Township under the guise of selling marijuana. Potash called DiNardo a "perfect example of someone who started at the top and worked your way down to the gutter".
In the past, similar suits made by Shivers have been rejected by the court due to his standing as a vexatious litigant. It's again worth noting that these accusations have not been officially filed by the state of California in a lawsuit.
The Board of Control for Cricket in India announced the squads for the upcoming Women's T20 Challenge Match on Thursday. India aim to launch a women's edition of the IPL in the next three years, a top BCCI official said.
The truth is this was a dream for me, to win a trophy with Atletico, with [Diego Simeone] and my friends and teammates. The French club's hopes faded after Payet went off injured in the 31st with what appeared to be a thigh injury.
Turkish presidential elections are set to take place on June 24, with incumbent Erdogan the favourite to win . He cited British-Turkish cooperation in defence industries as an example for more new ventures.
Saturday Night Takeaway had also been nominated in the category, alongside The Voice and Michael McIntyre's Big Show. Ant is now taking time away from the spotlight after pleading guilty to drink-driving following an incident in March.
According to TMZ , he told the website he regretted allowing the pictures to be taken and acknowledged they looked "stupid". The BBC says "it is still very much Meghan Markle's wish that her father should be there on Saturday to support her".
If you're already a YouTube Red (soon to be YouTube Premium ) member, don't worry you'll still enjoy your current price. If we convert American pricing to Canadian, it could cost about $15 or so per month (which includes YouTube Music ).
With the firm's stock price now trading around $17.63, the firm has proven a solid track record of growth over the recent years. The 50-day moving average is perceived to be the dividing line between a stock that is technically healthy and one that is not.
Baby joy for the Lampards
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Martinez, Bogaerts power Red Sox past A's
Piscotty was batting eighth and starting in right field for Tuesday night's game at Boston , which was delayed by rain. This comes less than one day after Cavaliers coach Tyronn Lue said the Celtics are "gooning the game up", per Martinez.
Enzo Cleared: No Evidence Found & Case Closed
Arndt posted a letter from his legal counsel via social media thanking his fans for supporting him during his troubled times. In 2016, Big Cass and Amore made the jump to the main roster, vying for but failing to win the tag team titles.
Warner to play grade cricket in Sydney
He had a chat with the southpaw and stated that Warner has committed to playing atleast 3 or 4 matches for the club. Disgraced cricketer David Warner is heading back to the pitch, despite his one-year playing ban for ball tampering.
Taylor Swift's Stalker is Heading to Jail
Taylor Swift has been granted a restraining against the man who was arrested at her Beverly Hills home last month (Apr18). During a search of his auto , police officers found ammunition, more gloves, another knife, and multiple face masks.
AJ Pollock: Not in lineup Tuesday
Villar, who wasn't in the lineup until Ryan Braun was scratched before the game, had three hits. Pollock's troubling tumble could prove even costlier than that for the slumping Diamondbacks .
Portia de Rossi confirms she's quit acting
Portia de Rossi says her upcoming return to " Arrested Development " for season 5 is an exception to her decision to quit acting. Fans of the show Arrested Development will know Portia de Rossi as the slightly immature, flirty and smug Lindsay Bluth Fünke.
Could North Carolina be site of new Apple campus?
Apple completed its new $5 billion "spaceship" headquarters in Cupertino, last spring, which hosts more than 12,000 employees. Part of that investment will go towards a new campus, located away from the company's headquarters in Cupertino, California.
LeBron James named as one of three finalists for 2018 NBA MVP
James, who at 33 produced one of the best seasons of his outstanding career, is in the running for a 5th career MVP title. Simmons, Utah shooting guard Donovan Mitchell and Boston small forward Jayson Tatum are the rookie-of-the-year finalists.