SEC Cautions "Utility Token" Sponsors And ICO Market Intermediaries


SEC Cautions “Utility Token” Sponsors And ICO Market Intermediaries. Thursday … On December 11, 2017, the SEC released a cease-and-desist order against a purported “utility token” sold by Munchee Inc. (“Munchee”) and a statement by Jay Clayton on Cryptocurrencies and Initial Coin Offerings.
SEC Cautions “Utility Token” Sponsors And ICO Market Intermediaries

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