SEC Slaps Paragon, Airfox ICOs With $250,000 Fine

SEC Slaps Paragon, Airfox ICOs With $250,000 Fine
US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal action against the two ICO operators, which together raised over $27 million in 2017. “We wish to emphasize […] thatRead MoreThe post SEC Slaps Paragon, Airfox ICOs With $250,000 Fine appeared first on Bitcoinist.com. For Further Information Click on Below Button
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