Company Halts ICO After SEC Raises Registration Concerns
December 11, 2017
December 11, 2017
WASHINGTON, Dec. 11 -- The Securities and Exchange Commission issued the following news release:
A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the Securities and Exchange Commission, and agreed to an order in which the Commission found that its conduct constituted unregistered securities offers and sales.
According to the SEC . . .
A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the Securities and Exchange Commission, and agreed to an order in which the Commission found that its conduct constituted unregistered securities offers and sales.
According to the SEC . . .