SEC Emergency Action Halts ICO Scam and Obtains Appointment of a Receiver to Protect Digital Assets
March 29, 2018
March 29, 2018
WASHINGTON, March 29 -- The Securities and Exchange Commission issued the following litigation release:
The Securities and Exchange Commission announced that on January 25, 2018, it obtained an emergency temporary restraining order, asset freeze, and other expedited relief to halt a new Initial Coin Offering (ICO) claiming to have raised approximately $600 million from investors since November 2017.
In a complaint filed in federal court in Dallas, Texas on January 25, 2 . . .
The Securities and Exchange Commission announced that on January 25, 2018, it obtained an emergency temporary restraining order, asset freeze, and other expedited relief to halt a new Initial Coin Offering (ICO) claiming to have raised approximately $600 million from investors since November 2017.
In a complaint filed in federal court in Dallas, Texas on January 25, 2 . . .