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SEC seeking over $16M in penalties from ICOBox and founder for securities violations

The U.S. Securities and Exchange Commission (SEC) is seeking over $16 million in disgorgements and civil penalties from the token sale platform ICOBox and its founder Nikolay Evdokimov. FinanceFeeds reported the news on Friday, citing the latest filings with the California Central District Court. The regulator is pushing for a default judgment in the case. […]The post SEC seeking over $16M in penalties from ICOBox and founder for securities violations appeared first on The Block. …read more […]

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Bed, Bath & Beyond abandons financial targets after sharp sales decline

Shares of Bed, Bath & Beyond plunged on Thursday, after the home goods retailer revealed an 8.3% sales decline in the third-quarter and abandoned its financial targets. Rival retailers Kohl’s and J.C. Penney also suffered in Thursday’s trade, with their individual holiday sales numbers similarly disappointing investors. …read more […]