Court order halts Blockvest ICO after fraudulent SEC approval claim
The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed was approved by the SEC. The order also halts ongoing pre-ICO sales by the company, Blockvest LLC and its founder, Reginald Buddy Ringgold, III. An SEC complaint…
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