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Tag: SEC

SEC Files Fraud Charges Against ICO Organizer

By Stan Higgins The U.S. Securities and Exchange Commission (SEC) has filed charges against two organizers of a $15 million initial coin offering (ICO), the agency announced today. Quebec-based Dominic Lacroix and Sabrina Paradis-Royer, along with a firm called PlexCorp,…

SEC Ruling on the DAO and ICO, Explained

1. What’s all that SEC decision everybody’s talking about? On July 25, The Securities and Exchanges Commission declared that Blockchain companies must obey federal laws. On July 25, the SEC made a report that offers and sales of digital assets by “virtual”…