The frequency of ICO-related enforcement actions has been increasing in the U.S.
The SEC has charged ICOBox and its founder with violating securities and registration requirements with its token sale and operations.
The CFTC is charging Breonna Clark and Venture Capital Investments with defrauding investors by pretending to run a commodity pool invested in crypto and foreign currency contracts.
The SEC has accused Daniel Pacheco of running a $26 million Ponzi scheme disguised as a cryptocurrency.
Gladius Network will refund investors who request it and register its tokens as securities after settling "unregistered ICO" charges with the SEC.