US SEC Imposes $250,000 Penalty, Requires Return of up to $13M for Unregistered ICO
The U.S. SEC imposes a $250,000 penalty against Blockchain of Things for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with New York-based startup Blockchain of Things Inc. (BCOT) for conducting an unregistered initial coin offering (ICO). On Dec. 18, the SEC announced in a press release…
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