The SEC collected $1.26 billion from unregistered ICOs in 2020
Cointelegraph
Published Nov 12, 2020 12:24AM ET
Updated Nov 12, 2020 02:00AM ET
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has collected more than $4.68 billion in illegal income and fines this year so far — with more than one quarter coming from Telegram’s ill-fated Gram’s token sale alone.
In total around $1.26 billion was handed over to the SEC by unregistered initial coin offerings (ICOs).
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Written By: Cointelegraph
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