SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations17.38

The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules.

Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to its DAO Report of Investigation.

Original source
https://www.newsbtc.com/2018/11/16/sec-orders-airfox-and-paragon-to-return-millions-to-investors-on-ico-registration-violations/

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