3 Crypto Companies Fail to Meet SEC-Set Refund Deadlines For $40 Million Collectively Raised at an ICO

2019-11-16 17:52

Following charges by the Security Exchange Commission, three Crypto startup companies Airfox, Paragon Coin Inc. , and Gladius Network LLC, which collectively raised $40 million from investors during the Initial Coin Offering in 2017 have breached the agreement by not meeting the repayment deadlines.

Having taken part in unlawful digital toke sales, the companies incurred fines […].

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