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Blockchain and the Law

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SEC Flexes Funny Bone in Fictional Token Offering

By Pengtao Teng on May 18, 2018

The Securities and Exchange Commission (the “SEC”) has taken to using humor and sarcasm to educate retail investors about the potential risks of purchasing tokens in initial coin offerings (“ICOs”).

This week, the SEC issued a press release presenting “a hot investment opportunity.”  The release pointed to a website touting…

Posted in Government, Regulation: Federal, SEC, Securities, Token Sales
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