New SEC cyber unit makes first filing, and it's over an initial coin offering

On Friday, the Securities and Exchange Commission filed and obtained an emergency action against PlexCorps, a Canadian company promoting an Initial Coin Offering, or ICO. In the filing (PDF), the SEC claimed that PlexCorps, led by “recidivist securities law violator” Dominic Lacroix and his partner …
New SEC cyber unit makes first filing, and it’s over an initial coin offering