Blockchain and the Law
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SEC Brings Charges against Individuals Behind Allegedly Fraudulent Unregistered Digital Asset Securities Offering

By Jonathan Mollod and Laura Peterson on Posted in Cryptoassets, Enforcement Action, Initial Coin Offerings, SEC, Securities
On February 1, 2021, the U.S. Securities and Exchange Commission (SEC) announced that it had brought charges against several individuals involved in an alleged scheme to induce investors to transfer more than $11 million to buy into an unregistered initial coin offering (ICO) of B2G tokens, which the SEC claimed was merely an elaborate sham. … Continue Reading
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