SEC's new cyber unit files first charges against PlexCorps ICO for alleged fraud


The SEC obtained an emergency asset freeze to stop an initial coin offering fraud, the agency said Dec. 4. The ICO falsely promised investors a 13-fold profit in less than a month and had raised as much as $15 million since August, a news release from the agency said. The commission has filed …
SEC’s new cyber unit files first charges against PlexCorps ICO for alleged fraud

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