SEC fines Coinschedule $200K over sponsored, favorable ICO ratings

Cointelegraph

Published Jul 14, 2021 09:47PM ET

Updated Jul 14, 2021 11:20PM ET

The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws.

But two SEC commissioners have penned an open letter in response saying the settlement highlights flaws with the commission’s processes.

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