Hong Kong regulator cautions on ICOs, halts Black Cell raise

Retrieved on: 2018-04-07 19:19:27

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Hong Kong regulator cautions on ICOs, halts Black Cell raise. View article details on HISWAI:

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<div>Hong Kong's Securities and Futures Commission has recently halted an <b>initial</b> <b>coin offering</b> (ICO) launched by Hong Kong-based Black Cell Technology Limited and ordered the issuer to refund its investors, marking the first time a Hong Kong regulator has blocked this new means of fundraising.</div>

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