Nov 16, 2018
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SEC Charge Two ICO Startups for Failing to Register Their Tokens As Securities

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On Friday (16 November 2018), the U.S. Securities and Exchange Commission (SEC) announced that two blockchain startups that had raised funds in 2017 via ICOs had agreed to refund investors, register their tokens as securities, file regular reports with the SEC, and pay civil penalties for registration violations.

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