June 3 The co-owner of two bitcoin-related
websites has agreed to pay nearly $51,000 to settle U.S.
Securities and Exchange Commission charges he publicly offered
shares in the two ventures without registering them, the
regulator said on Tuesday.
Erik Voorhees published prospectuses online and solicited
investors to buy shares in SatoshiDICE and FeedZeBirds, paying
in bitcoin, without first registering the offerings as required
under federal law, according to the SEC.
Voorhees agreed to settle with the SEC by giving up $15,844
in profit and paying a $35,000 civil penalty. He did not admit
or deny the charges in agreeing to settle.
(Reporting by Jonathan Stempel in New York; Editing by Jeffrey