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December 5, 2017 12:07 am GMT
The Securities and Exchange Commission has charged Canadian crypto company PlexCorp with violating securities laws by selling up to $15 million in an initial coin offering (ICO). ICOs have seen explosive growth over the past year as fledgling companies have used them to raise more than $3 billion in capital through various cryptocurrencies. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ro_ob6lhIM0/
SECs new cyber unit takes its first action to halt an initial coin offering scam
The Securities and Exchange Commission has charged Canadian crypto company PlexCorp with violating securities laws by selling up to $15 million in an initial coin offering (ICO). ICOs have seen explosive growth over the past year as fledgling companies have used them to raise more than $3 billion in capital through various cryptocurrencies. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ro_ob6lhIM0/
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