Bitcoinist
2022-08-17 09:56:17

SEC Vs. Dragon – Dragonchain Gets Sued For $16.5 Million ‘Unregistered’ Token ICO

The U.S. Securities and Exchange Commission announced charges against organizations associated with Dragonchain as well as its chief architect John Joseph Roets for allegedly generating $16.5 million through “unregistered crypto asset” securities offerings. The court petition accuses the defendants of breaching the Securities Act of 1933 by amassing millions of dollars in 2017 through the […]

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