Overstock To Issue Stock To Be Traded On Blockchain Platform

OverstockSAN FRANCISCO, Sept 17 (Reuters) – Inc ( OSTK. ) stated on Thursday the U.S. Securities & Exchange Commission had notified it of another investigation into the Internet retailer’s history of monetary restatements.

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The WSJ story noted that Google took motion after a competitor complained. Will be fascinating to see if extra rivals beging outing one another. Every single order ships free with a Club membership at Members also obtain 5%-forty% in rewards dollars and VIP early access to exclusive deals. In late 2014, we went so far as to create Medici Ventures, a subsidiary company targeted on developing and advancing blockchain know-how. Overstock President Jonathan Johnson told Reuters the sooner SEC investigation was extra complete, and in the newest probe, the agency planned to take a second look at restatements from 2006.