Floyd Mayweather, DJ Khaled Settle Over ICO Hype-9.28

Cryptocurrency, Initial Coin Offerings (ICOs)–Even as the crypto markets reel from the last two weeks of price fall, with only a small reprieve occuring in the past day, the landscape of Initial Coin Offerings continues to make headlines butting heads with the regulatory body of the United States Securities and Exchange Commision (SEC).

While ICOs have come to constitute a large “Wild West” space within the already murky legal landscape of crypto, the development of the fundraising asset has drawn criticism and intrigue throughout 2018, in part due to the profit to be made by pumping coins ahead of launch. In the case of two high profile celebrities, their entanglement in the web of ICO obscurity has drawn the ire of the SEC.

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