SEC Settles Charges With Two ICO Issuers9.37

The U.S. Securities and Exchange Commission (SEC) has settled charges with two initial coin offering issuers. These cases are the commission’s first to impose civil penalties “solely for ICO securities offering registration violations.” Both companies have agreed to refund investors, pay penalties, and register their tokens as securities.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Original source
https://news.bitcoin.com/sec-settles-charges-ico/

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