“199% GAINS on MUN token at ICO price! Sign up for PRE-SALE NOW!” the company wrote in a Facebook post, according to the SEC’s suit. Munchee also linked to a video that featured a person saying, “Munchee is a crazy ICO. If you don’t know what an ICO is, it is called an initial coin offering.
SEC blocks restaurant app’s ‘initial coin offering‘
Bubbles Never Sleep