December 05, 2018 BY Valentina Kirilova

SEC loses bid for temporary injunction of Blockvest Crypto ICO

Crypto enthusiasts were cheering what many reports were calling a “Monumental” ruling by a Federal Court. The court ruled in favor of Blockvest, a crypto Initial Coin Offering (ICO) that was still in its initial testing phase, well before any real investing had ever taken place. The U.S. Securities and Exchange Commission (SEC) had shuttered…

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