SEC Charges ‘Real Estate and Diamond’ ICO With Fraud

in #bitcoin7 years ago (edited)

On September 29th 2017, the U.S. Securities Exchange Commission (SEC) charged an Initial Coin Offering (ICO) administrator with extortion. The ICO venture being referred to, REcoin, guaranteed their token was the "primary ever digital currency sponsored by land," and that they additionally put the organization's benefits in jewel holds.

Also read: Bitcoin Software Wars: The Case Against Replay Attack Protection

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