SEC Settles First ICO Registration Violations Cases On Two Token Offerings

ICO News, Investing, News, Regulation | November 16, 2018 By:

The Securities and Exchange Commission today announced settled charges against two companies that sold digital tokens in initial coin offerings (ICOs).  These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations.  Both companies have agreed to return funds to harmed investors,

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ICO Scammer Pleads Guilty To Defrauding Investors

Crime, News | November 16, 2018 By:

Maksim Zaslavskiy, who is charged in the first fraud prosecution involving initial coin offerings (ICO), has pleaded guilty to defrauding investors.

Zaslavskiy was charged last year with promoting ICO tokens backed by investments in real estate and diamonds that didn’t actually exist. Zaslavskiy reportedly raised at least $300,000 in two ICO tokens –

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