US Government Files Fresh Charges Against PlexCoin ICO Organizers
Having only settled with the SEC last year, the PlexCoin founders now face a fresh round of charges from the U.S. Department of Justice.
The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017.
It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago.
SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.
Marketed as a “decentralized job marketplace,” Boontech and founder Rajesh Pavithran have settled charges of fraud and registration violation brought by the SEC.
As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.