SEC speak outs against "malicious" ICOs

in #news7 years ago

SEC speak outs against "malicious"(all) ICOs.


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A member of the U.S. Securities and Exchange Commission's (SEC) division of enforcement has spoken out against malicious initial coin offerings (ICOs).

... SEC co-director Steven Peikin claimed that such sales could pose a threat to retail investors, a problem which the SEC is now trying to address ...

"As with any kind of newsworthy event, roaches kind of crawl out of the woodwork and try to scam money off of investors."

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