The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?

Cointelegraph

Published May 23, 2020 09:06AM ET

Updated May 23, 2020 10:40AM ET

The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community.

Most recently, the case against Telegram ended with that company abandoning its planned open network and Gram tokens, which raised $1.7 billion. The question before the crypto community is now: Have we witnessed the death of the ICO?

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