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SEC shuts down initial coin offering scam that had raised $600M – SiliconANGLE News (blog)


SiliconANGLE News (blog)

SEC shuts down initial coin offering scam that had raised $600M
SiliconANGLE News (blog)
The U.S. Securities and Exchange Commission has obtained a court order to shut down a company that had already raised $600 million in an initial coin offering. Called AriseBank, the company was selling tokens to assist in establishing the “first
SEC halts one of the largest ‘ICOs’ ever as it wades deeper into the murky world of cryptocurrency offeringsCNBC
SEC accuses crypto-bank of fraud, halts $1bn initial coin offeringFinancial Times
SEC Freezes Assets in Coin Offering ScamInstitutional Investor
Exchange News Direct –SEC.gov –Texas Department of Banking –PR Newswire
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