SEC May Come Down Harder on Illegal Crypto ICOs

sec charging crypto firms

Two years on from the 2017 ICO craze and some crypto projects are calling it quits despite escaping harsh sanctions from regulators. Some commentators say authorities may be forced to adopt harsher punishments for illegal token sales since indicted projects cannot be trusted to pay back investors. Gladius Calls it Quits According to the Wall Street Journal (WSJ), Gladius — a blockchain-based internet security startup, has shut up shop despite raising more than $12 million

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