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CoinGape 2021-05-31 07:54:08

SEC Sues Five Bitconnect Promoters Over $2 Billion Fundraise

The US Securities and Exchange Commission (SEC) has sued five individuals for promoting BitConnect Initial Coin Offerings (ICO) via various mediums that helped the firm raise $2 billion. The five individuals are accused of promoting unregistered security, a common theme among many ICOs from 2017. The chief regulatory body in a Friday briefing mentioned the The post SEC Sues Five Bitconnect Promoters Over $2 Billion Fundraise appeared first on Coingape.

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