SEC: ICOs Can be Securities Offerings and Need to be Registered-3.28

Late last week, the SEC released a statement informing the crypto and investor communities that it had settled with two ICOs that had carried out unregistered securities offering. The two firms that were cited by the SEC were CarrierEQ Inc. (Airfox) and Paragon Coin Inc. The settlement included the following actions:

Right after the settlement with the two ICOs, the SEC went ahead and issued another statement from its Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets.

Original source
https://ethereumworldnews.com/sec-icos-can-be-securities-offerings-and-need-to-be-registered/

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