Since the first action in July 2013, the SEC has brought a total of 173 cryptocurrency-related enforcement actions as of December 31, 2023, comprising: 108 litigations,.
Posted on 10986
BIGtoken, Inc., the first privacy focused, opt-in, data marketplace, where people can own and monetize their data, publishes a monthly report on the top 10 stories in data privacy.
U.S. data privacy legislation took a step forward throughout February. Virginia state lawmakers passed the Senate bill to provide a basic level of comprehensive data protection to citizens; the Calhoun v. Google court hearing took place to discuss whether online data is personal property under California law.
1. “Virginia Passes Data Privacy Law,” ACA International – February 19, 2021
○
On Friday February 19, the Virginia Consumer Data Protection Act was officially passed by the Virginia House of Representatives (89-9) and Senate (39-0). Governor Ralph Northam is expected to sign within the next couple weeks. If Northam does sign, the bill will take effect January 1, 2023.
Westlake Village data firm BIGtoken announced it has gone public through a reverse merger with Force Protection Video Equipment Corp., a North Carolina company that sells video and audio equipment to police units.
BIGtoken’s parent company, SRAX Inc., a fintech firm publicly traded on the Nasdaq, entered a share exchange agreement in September with Force Protection, which trades on the over-the-counter markets for pennies a share.
Force Protection issued to SRAX more than 159 billion shares of common stock in exchange for all of BIGtoken’s issued and outstanding shares, plus promissory notes valued around $850,000.
Force Protection will be renamed BIGtoken Inc. Cryptocurrency pioneer and digital media veteran Lou Kerner was hired earlier this month to lead the resulting company as chief executive.
Censorship and Data: The Stakes and Consequences Are Getting Serious
NetworkNewsWire Editorial Coverage
NEW YORK, Jan. 27, 2021 /PRNewswire/ A recent Pew Research article pinpointed major concerns with social media platforms. Americans have complicated feelings about their relationship with big technology companies, the article observes. While they have appreciated the impact of technology over recent decades and rely on these companies products to communicate, shop and get news, many have also grown critical of the industry. The article goes on to report that a Pew Research Center survey found that roughly three-quarters of U.S. adults say it is very (37%) or somewhat (36%) likely that social media sites intentionally censor political viewpoints that they find objectionable. Just 25% believe this is not likely the case. The events of the last few weeks have made that article appear almost prophetic as issues of censorship and privacy have gained additional prominence on t
[December 31, 2020]
SRAX Extends Right to Receive BIGtoken Special Dividend through December 31, 2021
SRAX, Inc. (Nasdaq: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (News - Alert) platform, has extended the expiration time for its special dividend right from December 31, 2020 to on or before 5:00 p.m., ET, on December 31, 2021.
Special Dividend, Dividend Right and Expiration Date
On September 17, 2018, the company issued a non-transferable right ( Dividend Right ) to receive at no charge a special dividend to holders of the company s Class A common stock as well as certain holders of the company s common stock equivalents. If and when declared, the Special Dividend will consist of such number and designation of the SRAX subsidiary BIGtoken, Inc. s securities ( Special Dividend ) as determined by the company s management at their sole discretion. The Dividend Right was set to expire on or before 5: