SEC takes PlexCoin scammers to court over securities laws violations


Scams related to initial coin offerings (ICOs) are flourishing, with regulators across the globe trying to clamp down on these fraudulent schemes. … SEC notes that the ICO for the PlexCoin Tokens was an illegal offering of securities because there was no registration statement filed or in effect during its …
SEC takes PlexCoin scammers to court over securities laws violations