US SEC Charges Convict and Associates for $30M Fraudulent ICO
Cointelegraph
Published Jan 17, 2020 12:01PM ET
Updated Jan 17, 2020 01:42PM ET
US SEC Charges Convict and Associates for $30M Fraudulent ICO
The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).
Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, with violating the antifraud and securities registration provisions of the federal securities laws. Manor is a dual citizen of Canada and Israel.
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Written By: Cointelegraph
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