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SEC fines US cryptocurrency firm for offering illegal tokens

By Katanga Johnson on Aug 30, 2019 6:54AM
SEC fines US cryptocurrency firm for offering illegal tokens

$10 million in allegedly ill-gotten gains returned.

The US Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based cryptocurrency firm and its founders for wrongfully issuing digital offerings and for using an unregistered online trading platform. Wednesday's settlement comes amid a broader SEC ...

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By Katanga Johnson
Aug 30 2019
6:54AM
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