ParagonCoin, which was previously fined by the regulator over its ICO, is selling off a property intended for use as a cannabis co-working space.
Friday's charges against Airfox and Paragon Coin may hint at how the SEC will regulate ICOs going forward.
Aug 19, 2020
Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.
The SEC has settled charges with crypto startups Airfox and Paragon for securities law violations.