Bitcoin.com
2020-08-16 07:00:10

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case

The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon Coins. In return, Pavithran and his company promised to develop and […]The post US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case appeared first on Bitcoin News.

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