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September 30, 2017 12:31 am GMT
The Security and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and coins… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FNwqNpXJjqw/
The SEC has charged two initial coin offerings with defrauding investors
The Security and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and coins… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/FNwqNpXJjqw/
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