SEC’s new cyber unit takes its first action to halt an initial coin offering ‘scam’
December 4, 2017 | Uncategorized
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