On January 18th, 2018 Orderbook suspended Vaultbank’s Initial Coin Offering (ICO) pre-sale on the Orderbook platform. This action was taken due to inconsistencies that were discovered between ICO disclosures and adjunct information received by our Compliance and Legal team’s following the launch of Vaultbank’s ICO pre-sale.
Once discrepancies were discovered, Orderbook launched an investigation to gather information to verify the accuracy and completeness of the disclosures. Such investigation has not been completed and a final dispossession on the investigation has not been determined. On January 18th, Orderbook formally terminated its relationship with Vaultbank.
Orderbook remains committed to providing our platform’s investors and users with the highest standard of disclosure and compliance. Orderbook’s decisions regarding not only Vaultbank but all coin and token offerings on our platform, reflect a continued commitment to the safety and security of our user base.
If you have questions regarding the accuracy of information in the disclosures provided by Vaultbank, you should retain a legal counsel specializing in securities laws and regulations.
Feedback that directly relates to Orderbook’s platform and services should be sent to [email protected]
Questions regarding Compliance can be directed to Steve Pettibone, Orderbook’s Chief Compliance Officer at [email protected]