U.S. Judge Rules That ICOs are Covered by Securities Laws102.18

A U.S. District Judge in Brooklyn has delivered a landmark judgement with far-reaching implications for the initial coin offering (ICO) market. Judge Raymond Dearie of the U.S. District Court Eastern District of New York today ruled that U.S. securities laws cover ICO token sales. The ruling came in a case against a fraudulent ICO promoter

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https://www.ccn.com/u-s-judge-rules-that-icos-are-covered-by-securities-laws/

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