SEC Hammers Another ICO with $7.6M Penalty for Unregistered Security Offering

Retrieved on: 2021-06-23 07:30:00

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Cryptocurrencies

Initial coin offering

U.S. Securities and Exchange Commission

Kik Messenger

Commodity Futures Trading Commission

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Finance

Money

Telegram Open Network

Security token offering

John Wise

Loci Inc.

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SEC Hammers Another ICO with $7.6M Penalty for Unregistered Security Offering. View article details on hiswai:

Excerpt

The initial coin offering (ICO) featuring LOCIcoins tokens were securities but the Loci's offering was not registered with the SEC and no exemption from ...

Article found on: crypto-economy.com

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