AriseCoin Backers Fined $2.7M And Barred From Digital Securities Offers

Crime, Investing, News, Regulation | December 12, 2018 By:

Two former executives behind an allegedly fraudulent initial coin offering (ICO) that was stopped by the Securities and Exchange Commission earlier this year have been ordered in federal court to pay nearly $2.7 million and prohibited from serving as officers or directors of public companies or participating in future offerings of digital securities.