SEC chairman urges 'extreme caution' with cryptocurrencies

SEC Chairman Jay Clayton said Monday that cyrptocurrency and initial coin offerings (ICOs) hold substantially less investor protection than … assets of PlexCorps, a company that promised a 1,354 percent profit in just 29 days to those who participated in an ICO — a sale of the digital assets central to the …
SEC chairman urges ‘extreme caution’ with cryptocurrencies

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