SEC Settles Charges With Crypto Token Issuers Accused of Fraud
The SEC settled charges with two individuals accused of selling unregistered securities with the Bitqy and BitqyM token sales.
Securities Fraud
Thomas J. Gity allegedly told his 18 investor's he'd never ended a trading day in the red.
The SEC has charged Blockchain Terminal founder Boaz Manor with securities fraud for a $30 million ICO conducted in 2017 and 2018.
Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle.
The SEC warned investors that initial exchange offerings, while claiming to be different from initial coin offerings, may still violate federal securities law.
The SEC has charged ICOBox and its founder with violating securities and registration requirements with its token sale and operations.
Securities Fraud
