SEC Settles Charges With Crypto Token Issuers Accused of Fraud
SEC Settles Charges With Crypto Token Issuers Accused of Fraud
The U.S. Securities and Exchange Commission (SEC) settled charges with crypto exchange Bitqyck and its founders, alleging that they committed fraud with two different token sales.
According to a press release Thursday, Bitqyck founders Bruce Bise and Sam Mendez raised $13 million by selling Bitqy and BitqyM tokens to more than 13,000 investors in “unregistered securities offerings.” The SEC…
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