SEC Halts Fraudulent ICO that Falsely Claimed Regulatory Approval

Article written by Josiah Wilmoth from CCN. Read full article here.

The U.S. Securities and Exchange Commission (SEC) announced on Thursday that it had obtained an emergency court order to halt an initial coin offering (ICO) that fraudulently claimed to have SEC approval. According to the complaint, which was filed under seal on Oct. 3, Blockvest LLC and its founder — Reginald Buddy Ringgold, III, aka

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