Kate A Stanley
December 06, 2018 | The Legal Intelligencer
SEC Update: Division of Enforcement Continues to Scrutinize Digital Token SalesIn a sign that the Securities and Exchange Commission (SEC) is continuing to aggressively scrutinize token sales and initial coin offerings (ICOs), offers and sales of digital assets conducted by organizations using distributed ledger or blockchain technology are often referred to as "initial coin offerings" or "token sales," the Division of Enforcement recently announced that it settled registration charges against two companies that sold unregistered digital tokens.
By Robert L. Hickok, Jay A. Dubow and Kate A. Stanley
10 minute read
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