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The SEC has charged two initial coin offerings with defrauding investors

The SEC has charged two initial coin offerings with defrauding investors



 The Security and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and coins… Read More



Source: techCrunch

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